Essex Financial Services Inc. Purchases 1,515 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Essex Financial Services Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 8.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,386 shares of the company’s stock after purchasing an additional 1,515 shares during the period. Essex Financial Services Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,390,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in AIRR. Bank of America Corp DE increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 136.1% during the fourth quarter. Bank of America Corp DE now owns 3,533,091 shares of the company’s stock worth $272,189,000 after purchasing an additional 2,036,464 shares during the period. Raymond James Financial Inc. bought a new position in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth $137,940,000. Wells Fargo & Company MN bought a new position in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth $69,810,000. LPL Financial LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 42.7% during the 4th quarter. LPL Financial LLC now owns 2,654,421 shares of the company’s stock worth $204,497,000 after acquiring an additional 794,494 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF by 36.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 813,423 shares of the company’s stock worth $55,484,000 after acquiring an additional 218,355 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $81.50 on Monday. The stock’s fifty day moving average price is $75.65 and its two-hundred day moving average price is $74.78. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $86.95. The firm has a market cap of $3.68 billion, a PE ratio of 21.06 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 26th will be paid a dividend of $0.0662 per share. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $0.26 dividend on an annualized basis and a yield of 0.32%.

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.