Advyzon Investment Management LLC Invests $4.69 Million in First Trust RBA American Industrial Renaissance ETF $AIRR

Advyzon Investment Management LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 48,517 shares of the company’s stock, valued at approximately $4,691,000. First Trust RBA American Industrial Renaissance ETF accounts for 0.8% of Advyzon Investment Management LLC’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE grew its stake in First Trust RBA American Industrial Renaissance ETF by 3.8% during the second quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock worth $493,757,000 after buying an additional 220,666 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% in the 2nd quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock valued at $134,041,000 after buying an additional 13,099 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 5.2% during the 2nd quarter. Osaic Holdings Inc. now owns 528,956 shares of the company’s stock worth $43,039,000 after acquiring an additional 26,038 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 3.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 442,786 shares of the company’s stock worth $42,809,000 after acquiring an additional 13,230 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 33.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 377,267 shares of the company’s stock worth $36,474,000 after acquiring an additional 94,885 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $121.93 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $123.54. The stock has a market capitalization of $8.49 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The company’s 50 day simple moving average is $109.60 and its 200 day simple moving average is $100.14.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.0276 dividend. This represents a $0.11 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

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.