Inscription Capital LLC Takes $614,000 Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Inscription Capital LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,350 shares of the company’s stock, valued at approximately $614,000.

A number of other large investors have also recently bought and sold shares of AIRR. Parcion Private Wealth LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 53.8% during the second quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock valued at $53,215,000 after purchasing an additional 228,754 shares during the last quarter. Bank of America Corp DE boosted its position in First Trust RBA American Industrial Renaissance ETF by 3.8% during the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after purchasing an additional 220,666 shares during the period. Flagship Harbor Advisors LLC bought a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth $5,434,000. Guided Capital Wealth Management LLC bought a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $5,375,000. Finally, BNP Paribas Financial Markets acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the second quarter worth $4,070,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $114.37 on Thursday. The firm has a fifty day moving average of $101.17 and a 200-day moving average of $95.50. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $114.77.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.0276 per share. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

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.