Prosperity Financial Group Inc. Purchases 2,537 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Prosperity Financial Group Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 50,014 shares of the company’s stock after buying an additional 2,537 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up 1.7% of Prosperity Financial Group Inc.’s investment portfolio, making the stock its 13th biggest position. Prosperity Financial Group Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $4,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter valued at about $301,000. Brio Consultants LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter valued at about $1,281,000. Commonwealth Equity Services LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 48.4% in the first quarter. Commonwealth Equity Services LLC now owns 406,770 shares of the company’s stock valued at $27,746,000 after buying an additional 132,678 shares during the period. Barnes Wealth Management Group Inc acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter valued at about $219,000. Finally, Daymark Wealth Partners LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 528.5% in the first quarter. Daymark Wealth Partners LLC now owns 19,106 shares of the company’s stock valued at $1,303,000 after buying an additional 16,066 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.1%

Shares of AIRR stock opened at $95.07 on Thursday. The stock has a market cap of $5.73 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. The stock has a 50-day moving average of $93.99 and a 200-day moving average of $83.50. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $99.85.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.0141 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.06 annualized dividend and a dividend yield of 0.1%.

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.