J.W. Cole Advisors Inc. Reduces Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

J.W. Cole Advisors Inc. trimmed its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 10.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,746 shares of the company’s stock after selling 4,837 shares during the period. J.W. Cole Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $4,006,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after buying an additional 10,198,584 shares in the last quarter. Bank of America Corp DE lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after buying an additional 1,036,237 shares in the last quarter. UBS Group AG lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 9.9% during the 4th quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock valued at $207,215,000 after buying an additional 189,674 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 10.3% during the 3rd quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock valued at $175,663,000 after buying an additional 170,254 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.6% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 992,070 shares of the company’s stock valued at $97,540,000 after buying an additional 5,833 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 2.9%

AIRR stock opened at $127.97 on Friday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $77.16 and a twelve month high of $133.50. The stock has a market cap of $10.20 billion, a P/E ratio of 21.40 and a beta of 1.27. The business’s 50-day moving average price is $123.35 and its 200-day moving average price is $113.37.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.0668 per share. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, March 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

First Trust RBA American Industrial Renaissance ETF Company Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.