Stephens Inc. AR Increases Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Stephens Inc. AR boosted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,383 shares of the company’s stock after purchasing an additional 515 shares during the quarter. Stephens Inc. AR’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. LPL Financial LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 26.4% during the first quarter. LPL Financial LLC now owns 3,354,942 shares of the company’s stock worth $228,841,000 after acquiring an additional 700,521 shares in the last quarter. Royal Bank of Canada raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 29.1% during the first quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock worth $54,710,000 after acquiring an additional 180,581 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 21.5% during the first quarter. Kestra Advisory Services LLC now owns 489,553 shares of the company’s stock worth $33,392,000 after acquiring an additional 86,675 shares in the last quarter. Parcion Private Wealth LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter worth approximately $28,989,000. Finally, Commonwealth Equity Services LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 48.4% during the first quarter. Commonwealth Equity Services LLC now owns 406,770 shares of the company’s stock worth $27,746,000 after acquiring an additional 132,678 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $97.02 on Friday. The company has a market capitalization of $5.85 billion, a PE ratio of 21.40 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $99.85. The company’s 50 day moving average price is $94.12 and its two-hundred day moving average price is $83.74.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.06 annualized dividend and a dividend yield of 0.1%.

First Trust RBA American Industrial Renaissance ETF Company 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.