Great Valley Advisor Group Inc. Has $941,000 Stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Great Valley Advisor Group Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,600 shares of the company’s stock after purchasing an additional 211 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AIRR. Farther Finance Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $26,000. Carolinas Wealth Consulting LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at $29,000. Howe & Rusling Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter valued at $40,000. Concourse Financial Group Securities Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF by 80.4% in the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock valued at $53,000 after purchasing an additional 348 shares in the last quarter. Finally, ORG Partners LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth about $194,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $86.09 on Tuesday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The stock has a 50-day simple moving average of $77.73 and a 200-day simple moving average of $72.89. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $50.19 and a 52-week high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.0419 dividend. This represents a $0.17 annualized dividend and a yield of 0.19%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, September 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.