RiverTree Advisors LLC Raises Position in First Trust RBA American Industrial Renaissance ETF $AIRR

RiverTree Advisors LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 52.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,922 shares of the company’s stock after buying an additional 6,544 shares during the quarter. First Trust RBA American Industrial Renaissance ETF comprises 1.2% of RiverTree Advisors LLC’s holdings, making the stock its 24th largest position. RiverTree Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,860,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Armstrong Advisory Group Inc. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter valued at about $33,000. Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 200.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after acquiring an additional 240 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 107.4% during the third quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after purchasing an additional 260 shares during the last quarter. Main Street Group LTD acquired a new position in First Trust RBA American Industrial Renaissance ETF during the third quarter valued at $64,000. Finally, Founders Financial Alliance LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the third quarter valued at $80,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $109.77 on Monday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $123.54. The stock has a market cap of $7.65 billion, a PE ratio of 21.40 and a beta of 1.29. The business has a 50-day simple moving average of $114.64 and a 200-day simple moving average of $104.28.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.