First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Purchased by JBR Co Financial Management Inc

JBR Co Financial Management Inc raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 170.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,471 shares of the company’s stock after acquiring an additional 5,971 shares during the quarter. JBR Co Financial Management Inc’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 48.6% during the second quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock worth $103,564,000 after purchasing an additional 495,941 shares during the last quarter. Global Assets Advisory LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at $34,255,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 97.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock valued at $30,100,000 after buying an additional 217,241 shares during the period. Raymond James & Associates increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 7.6% during the 2nd quarter. Raymond James & Associates now owns 335,824 shares of the company’s stock worth $22,940,000 after buying an additional 23,754 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.5% in the 1st quarter. Kestra Advisory Services LLC now owns 269,572 shares of the company’s stock worth $18,150,000 after buying an additional 1,434 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR stock traded up $1.73 during trading on Friday, reaching $76.15. 227,430 shares of the stock traded hands, compared to its average volume of 162,971. The firm has a market capitalization of $1.75 billion, a PE ratio of 23.16 and a beta of 1.25. The business’s 50 day moving average price is $71.59 and its 200-day moving average price is $69.71. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $46.71 and a 52-week high of $76.31.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.0419 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.22%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.