First Trust RBA American Industrial Renaissance ETF $AIRR Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 120,410 shares of the company’s stock after purchasing an additional 10,105 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $11,839,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of AIRR. Bank of America Corp DE boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after acquiring an additional 1,036,237 shares during the last quarter. UBS Group AG lifted its position in First Trust RBA American Industrial Renaissance ETF by 7.9% during the third quarter. UBS Group AG now owns 1,917,883 shares of the company’s stock valued at $185,421,000 after purchasing an additional 140,507 shares during the period. Raymond James Financial Inc. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 10.3% in the third quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock valued at $175,663,000 after purchasing an additional 170,254 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 5.2% in the second quarter. Osaic Holdings Inc. now owns 528,956 shares of the company’s stock valued at $43,039,000 after purchasing an additional 26,038 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in First Trust RBA American Industrial Renaissance ETF by 800.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock worth $43,506,000 after purchasing an additional 400,000 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ AIRR opened at $112.87 on Friday. The firm has a market capitalization of $8.53 billion, a P/E ratio of 21.40 and a beta of 1.29. The stock has a 50-day simple moving average of $114.43 and a two-hundred day simple moving average of $104.83. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $123.54.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0668 per share. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.27 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, March 26th.

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.