Wealth Enhancement Advisory Services LLC Boosts Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Wealth Enhancement Advisory Services LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 60,912 shares of the company’s stock after acquiring an additional 5,405 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.10% of First Trust RBA American Industrial Renaissance ETF worth $5,937,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AIRR. Armstrong Advisory Group Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $33,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $91,000. Bank of Montreal Can bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter worth approximately $100,000. Private Trust Co. NA lifted 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 worth $131,000 after buying an additional 762 shares during the last quarter. Finally, Archer Investment Corp boosted its stake in First Trust RBA American Industrial Renaissance ETF by 126.7% in the second quarter. Archer Investment Corp now owns 1,700 shares of the company’s stock worth $138,000 after buying an additional 950 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ AIRR opened at $112.09 on Monday. The stock has a market capitalization of $7.64 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $115.80. The firm’s 50 day simple moving average is $101.95 and its two-hundred day simple moving average is $96.00.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.0276 per share. The ex-dividend date was Friday, December 12th. This is a positive change 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%.

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.