Prospera Financial Services Inc Sells 6,015 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Prospera Financial Services Inc lowered its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 6.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 84,679 shares of the company’s stock after selling 6,015 shares during the period. Prospera Financial Services Inc’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $8,329,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Fearless Solutions LLC dba Best Invest lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 51.6% in the fourth quarter. Fearless Solutions LLC dba Best Invest now owns 22,018 shares of the company’s stock worth $2,165,000 after purchasing an additional 7,490 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% in the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. Mach 1 Financial Group LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $5,248,000. Daymark Wealth Partners LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 19.5% in the fourth quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock worth $7,313,000 after purchasing an additional 12,127 shares in the last quarter. Finally, Cambridge Advisors Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 64.6% in the fourth quarter. Cambridge Advisors Inc. now owns 15,149 shares of the company’s stock worth $1,489,000 after purchasing an additional 5,944 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $125.06 on Monday. The company’s fifty day simple moving average is $119.72 and its 200-day simple moving average is $111.26. The firm has a market cap of $9.97 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $74.09 and a 12 month high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.0668 dividend. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. 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.

First Trust RBA American Industrial Renaissance ETF 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.