Good Life Advisors LLC Grows Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Good Life Advisors LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 28.0% during the second quarter, HoldingsChannel reports. The fund owned 47,645 shares of the company’s stock after purchasing an additional 10,411 shares during the period. Good Life Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $3,878,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AIRR. Bank of New York Mellon Corp boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 52.6% in the first quarter. Bank of New York Mellon Corp now owns 4,109 shares of the company’s stock valued at $280,000 after acquiring an additional 1,417 shares during the period. Envestnet Asset Management Inc. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 47.0% in the first quarter. Envestnet Asset Management Inc. now owns 238,938 shares of the company’s stock valued at $16,298,000 after acquiring an additional 76,373 shares during the period. Stephens Inc. AR boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 140.5% during the first quarter. Stephens Inc. AR now owns 18,868 shares of the company’s stock worth $1,287,000 after buying an additional 11,024 shares in the last quarter. CWM LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 27.3% in the 1st quarter. CWM LLC now owns 74,467 shares of the company’s stock valued at $5,079,000 after purchasing an additional 15,978 shares in the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at about $1,083,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $98.04 on Thursday. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $101.70. The stock has a market cap of $6.02 billion, a PE ratio of 21.40 and a beta of 1.29. The business’s fifty day moving average price is $96.31 and its two-hundred day moving average price is $87.11.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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