SteelPeak Wealth LLC Boosts Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

SteelPeak Wealth LLC lifted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 44.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,335 shares of the company’s stock after buying an additional 1,635 shares during the quarter. SteelPeak Wealth LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of AIRR. Capital Analysts LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 53.2% during the 1st quarter. Capital Analysts LLC now owns 409 shares of the company’s stock worth $28,000 after purchasing an additional 142 shares in the last quarter. Global View Capital Management LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 1.5% during the 1st quarter. Global View Capital Management LLC now owns 10,145 shares of the company’s stock worth $692,000 after purchasing an additional 154 shares in the last quarter. Condor Capital Management grew its stake in First Trust RBA American Industrial Renaissance ETF by 3.9% during the 1st quarter. Condor Capital Management now owns 4,213 shares of the company’s stock worth $287,000 after purchasing an additional 160 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF by 6.1% during the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 3,941 shares of the company’s stock worth $321,000 after purchasing an additional 226 shares in the last quarter. Finally, Independent Wealth Network Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF by 4.9% during the 2nd quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock worth $422,000 after purchasing an additional 240 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $99.38 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $59.22 and a 12 month high of $99.46. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. The business has a fifty day moving average price of $92.35 and a 200 day moving average price of $81.59.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.0141 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, September 25th.

About First Trust RBA American Industrial Renaissance ETF

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.