AlphaCore Capital LLC Takes Position in First Trust RBA American Industrial Renaissance ETF $AIRR

AlphaCore Capital LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 4th quarter, Holdings Channel.com reports. The firm acquired 78,107 shares of the company’s stock, valued at approximately $7,679,000.

Other institutional investors have also modified their holdings of the company. Hazlett Burt & Watson Inc. raised its position in First Trust RBA American Industrial Renaissance ETF by 200.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after buying an additional 240 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 107.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock valued at $49,000 after buying an additional 260 shares during the last quarter. Main Street Group LTD acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $64,000. Caldwell Trust Co acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $69,000. Finally, Founders Financial Alliance LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $80,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 2.5%

AIRR stock opened at $127.76 on Friday. The business has a 50 day moving average price of $118.50 and a two-hundred day moving average price of $110.31. The company has a market cap of $10.18 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $74.09 and a twelve month high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced 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 was Thursday, March 26th. This is a positive change 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.