First Trust RBA American Industrial Renaissance ETF $AIRR Stake Raised by Stephens Inc. AR

Stephens Inc. AR increased its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 43.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,867 shares of the company’s stock after acquiring an additional 11,544 shares during the period. Stephens Inc. AR owned about 0.05% of First Trust RBA American Industrial Renaissance ETF worth $3,723,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 worth $1,041,002,000 after purchasing an additional 10,198,584 shares in the last quarter. Bank of America Corp DE raised its stake in shares of 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 worth $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. UBS Group AG raised its stake in shares of 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 worth $207,215,000 after purchasing an additional 189,674 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of 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 worth $175,663,000 after purchasing an additional 170,254 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of 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 worth $43,506,000 after purchasing an additional 400,000 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $124.99 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $74.09 and a fifty-two week high of $133.50. The business has a 50-day moving average of $118.73 and a 200-day moving average of $110.57. The company has a market capitalization of $9.96 billion, a PE ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0668 per share. 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. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.2%.

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.