AssuredPartners Investment Advisors LLC Acquires New Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

AssuredPartners Investment Advisors LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the third quarter, HoldingsChannel.com reports. The fund purchased 5,554 shares of the company’s stock, valued at approximately $537,000.

A number of other large investors also recently bought and sold shares of AIRR. Bank of America Corp DE increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock worth $493,757,000 after acquiring an additional 220,666 shares during the last quarter. Raymond James Financial Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 0.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock valued at $134,041,000 after acquiring an additional 13,099 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 29.1% during the 1st quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock worth $54,710,000 after buying an additional 180,581 shares during the last quarter. Parcion Private Wealth LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 53.8% during the second quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock valued at $53,215,000 after acquiring an additional 228,754 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 5.2% in the 2nd quarter. Osaic Holdings Inc. now owns 528,956 shares of the company’s stock worth $43,039,000 after buying an additional 26,038 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ AIRR opened at $100.34 on Tuesday. The stock has a market cap of $6.17 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The firm’s 50 day moving average price is $97.57 and its two-hundred day moving average price is $90.84. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $103.60.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a $0.0276 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, December 12th. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

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.