First Trust RBA American Industrial Renaissance ETF $AIRR Shares Acquired by Stephens Inc. AR

Stephens Inc. AR raised its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 35.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 26,323 shares of the company’s stock after acquiring an additional 6,940 shares during the quarter. Stephens Inc. AR’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,545,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Armstrong Advisory Group Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $33,000. North Star Investment Management Corp. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter valued at $41,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter valued at about $91,000. Bank of Montreal Can acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the second quarter worth about $100,000. Finally, Private Trust Co. NA grew its position in First Trust RBA American Industrial Renaissance ETF by 128.1% in the 3rd quarter. Private Trust Co. NA now owns 1,357 shares of the company’s stock valued at $131,000 after buying an additional 762 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.3%

First Trust RBA American Industrial Renaissance ETF stock opened at $113.54 on Friday. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $114.38. The company’s 50-day moving average price is $100.27 and its two-hundred day moving average price is $94.80.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid 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. This represents a $0.11 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, December 12th.

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.