Rooted Wealth Advisors Inc. Has $2.88 Million Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Rooted Wealth Advisors Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 22.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,322 shares of the company’s stock after purchasing an additional 5,472 shares during the quarter. First Trust RBA American Industrial Renaissance ETF accounts for 0.8% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. Rooted Wealth Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,883,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AIRR. Northwestern Mutual Wealth Management Co. raised its stake in First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after purchasing an additional 10,198,584 shares during the period. Bank of America Corp DE raised its stake in First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after purchasing an additional 1,036,237 shares during the period. BNP Paribas Financial Markets raised its stake in First Trust RBA American Industrial Renaissance ETF by 800.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock valued at $43,506,000 after purchasing an additional 400,000 shares during the period. UBS Group AG raised its stake in First Trust RBA American Industrial Renaissance ETF by 9.9% during the 4th quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock valued at $207,215,000 after purchasing an additional 189,674 shares during the period. Finally, Raymond James Financial Inc. raised its stake in First Trust RBA American Industrial Renaissance ETF by 10.3% during the 3rd quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock valued at $175,663,000 after purchasing an additional 170,254 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $125.06 on Monday. The company’s fifty day moving average is $119.72 and its two-hundred day moving average is $111.26. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $74.09 and a 12-month high of $133.50. The company has a market cap of $9.97 billion, a P/E ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0668 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 26th.

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.