First Trust RBA American Industrial Renaissance ETF $AIRR Shares Purchased by Next Level Private LLC

Next Level Private LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 6.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 187,587 shares of the company’s stock after purchasing an additional 12,008 shares during the quarter. First Trust RBA American Industrial Renaissance ETF accounts for 5.4% of Next Level Private LLC’s holdings, making the stock its 3rd biggest holding. Next Level Private LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $18,440,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Parcion Private Wealth LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 53.8% in the second quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock valued at $53,215,000 after purchasing an additional 228,754 shares in the last quarter. Bank of America Corp DE increased its holdings in First Trust RBA American Industrial Renaissance ETF by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after buying an additional 220,666 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at approximately $5,434,000. Guided Capital Wealth Management LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $5,375,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $4,070,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $105.46 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $106.31. The stock has a market capitalization of $7.06 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The company’s 50 day simple moving average is $98.85 and its 200 day simple moving average is $93.56.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.0276 per share. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.1%.

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.