D.A. Davidson & CO. Increases Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

D.A. Davidson & CO. lifted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,589 shares of the company’s stock after purchasing an additional 1,225 shares during the quarter. D.A. Davidson & CO. owned about 0.06% of First Trust RBA American Industrial Renaissance ETF worth $2,490,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Pacific Sun Financial Corp grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 14.4% in the second quarter. Pacific Sun Financial Corp now owns 3,801 shares of the company’s stock valued at $309,000 after purchasing an additional 478 shares during the period. Stephens Inc. AR boosted its stake in First Trust RBA American Industrial Renaissance ETF by 2.7% during the second quarter. Stephens Inc. AR now owns 19,383 shares of the company’s stock worth $1,578,000 after buying an additional 515 shares during the period. Altus Wealth Group LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 4.7% during the second quarter. Altus Wealth Group LLC now owns 8,312 shares of the company’s stock worth $677,000 after buying an additional 375 shares during the period. International Assets Investment Management LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 50.4% during the second quarter. International Assets Investment Management LLC now owns 28,413 shares of the company’s stock worth $2,313,000 after buying an additional 9,525 shares during the period. Finally, Signature Estate & Investment Advisors LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 7.1% during the second quarter. Signature Estate & Investment Advisors LLC now owns 41,112 shares of the company’s stock worth $3,346,000 after buying an additional 2,715 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $100.02 on Friday. The firm has a market cap of $6.07 billion, a PE ratio of 21.40 and a beta of 1.25. The company has a 50-day moving average of $94.32 and a two-hundred day moving average of $84.15. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $100.34.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

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.