Investor s Fiduciary Advisor Network LLC Takes $316,000 Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Investor s Fiduciary Advisor Network LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,104 shares of the company’s stock, valued at approximately $316,000.

A number of other hedge funds have also recently modified their holdings of AIRR. Stonebridge Financial Group LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at $45,000. SBI Securities Co. Ltd. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $53,000. Archer Investment Corp purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $58,000. Private Trust Co. NA raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% in the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $69,000 after purchasing an additional 800 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $100,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $73.48 on Monday. The stock has a 50-day moving average price of $68.76 and a 200-day moving average price of $75.88. The firm has a market cap of $3.31 billion, a PE ratio of 19.02 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

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.