Guided Capital Wealth Management LLC Increases Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Guided Capital Wealth Management LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 11.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,920 shares of the company’s stock after purchasing an additional 6,321 shares during the quarter. First Trust RBA American Industrial Renaissance ETF comprises approximately 4.3% of Guided Capital Wealth Management LLC’s holdings, making the stock its 10th largest holding. Guided Capital Wealth Management LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $6,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Armstrong Advisory Group Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter valued at about $33,000. Hazlett Burt & Watson Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 200.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after buying an additional 240 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 107.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock valued at $49,000 after buying an additional 260 shares in the last quarter. Main Street Group LTD purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at approximately $64,000. Finally, Founders Financial Alliance LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth approximately $80,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ:AIRR opened at $110.78 on Wednesday. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $123.54. The stock’s 50 day simple moving average is $114.47 and its two-hundred day simple moving average is $104.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

About First Trust RBA American Industrial Renaissance ETF

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.