Spire Wealth Management Boosts Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Spire Wealth Management boosted its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 16.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,678 shares of the company’s stock after acquiring an additional 6,392 shares during the quarter. Spire Wealth Management owned 0.07% of First Trust RBA American Industrial Renaissance ETF worth $4,393,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AIRR. Guerra Pan Advisors LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% in the fourth quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock worth $1,331,000 after purchasing an additional 108 shares during the last quarter. Barnes Wealth Management Group Inc grew its stake in First Trust RBA American Industrial Renaissance ETF by 3.6% in the 2nd quarter. Barnes Wealth Management Group Inc now owns 3,326 shares of the company’s stock worth $271,000 after buying an additional 117 shares in the last quarter. Global View Capital Management LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.5% in the 3rd quarter. Global View Capital Management LLC now owns 9,021 shares of the company’s stock worth $872,000 after buying an additional 129 shares during the last quarter. Integrity Wealth Advisors Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.7% in the 3rd quarter. Integrity Wealth Advisors Inc. now owns 2,938 shares of the company’s stock worth $284,000 after buying an additional 133 shares during the last quarter. Finally, Pacific Sun Financial Corp raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% during the 3rd quarter. Pacific Sun Financial Corp now owns 3,945 shares of the company’s stock valued at $381,000 after buying an additional 144 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

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

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

About First Trust RBA American Industrial Renaissance ETF

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.