First Trust RBA American Industrial Renaissance ETF $AIRR Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 289,793 shares of the company’s stock after buying an additional 8,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $23,589,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 26.4% during the first quarter. LPL Financial LLC now owns 3,354,942 shares of the company’s stock worth $228,841,000 after purchasing an additional 700,521 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 36.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 813,423 shares of the company’s stock worth $55,484,000 after purchasing an additional 218,355 shares during the last quarter. Royal Bank of Canada increased its position in First Trust RBA American Industrial Renaissance ETF by 29.1% during the first quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock worth $54,710,000 after purchasing an additional 180,581 shares during the last quarter. Kestra Advisory Services LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 21.5% during the first quarter. Kestra Advisory Services LLC now owns 489,553 shares of the company’s stock worth $33,392,000 after purchasing an additional 86,675 shares during the last quarter. Finally, Parcion Private Wealth LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the first quarter worth about $28,989,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.1%

First Trust RBA American Industrial Renaissance ETF stock opened at $97.06 on Friday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $98.18. The stock has a market cap of $5.61 billion, a P/E ratio of 21.40 and a beta of 1.25. The company has a 50-day moving average price of $91.70 and a 200 day moving average price of $81.00.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.0141 per share. This represents a $0.06 annualized dividend and a yield of 0.1%. The ex-dividend date was Thursday, September 25th.

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.