Next Level Private LLC Acquires 61,662 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Next Level Private LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 61.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,698 shares of the company’s stock after buying an additional 61,662 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up 4.1% of Next Level Private LLC’s holdings, making the stock its 4th largest position. Next Level Private LLC owned approximately 0.36% of First Trust RBA American Industrial Renaissance ETF worth $11,098,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. AFG Fiduciary Services Limited Partnership increased its position in First Trust RBA American Industrial Renaissance ETF by 102.5% during the 1st quarter. AFG Fiduciary Services Limited Partnership now owns 15,314 shares of the company’s stock valued at $1,045,000 after buying an additional 7,752 shares in the last quarter. MRA Advisory Group increased its position in First Trust RBA American Industrial Renaissance ETF by 4.1% during the 1st quarter. MRA Advisory Group now owns 38,642 shares of the company’s stock valued at $2,636,000 after buying an additional 1,514 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 84.0% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 460 shares of the company’s stock valued at $31,000 after buying an additional 210 shares in the last quarter. ACT Advisors LLC. acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 1st quarter valued at about $330,000. Finally, Key Client Fiduciary Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 1st quarter valued at about $1,247,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $78.26 on Friday. The business’s 50-day moving average is $71.59 and its 200 day moving average is $75.53. The firm has a market capitalization of $3.53 billion, a P/E ratio of 21.06 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.075 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.38%.

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.