Cambridge Investment Research Advisors Inc. Buys 5,833 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Cambridge Investment Research Advisors Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 992,070 shares of the company’s stock after acquiring an additional 5,833 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $97,540,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of AIRR. Guerra Pan Advisors LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% during the 4th quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock worth $1,331,000 after acquiring an additional 108 shares during the period. Archford Capital Strategies LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2.0% during the 4th quarter. Archford Capital Strategies LLC now owns 5,727 shares of the company’s stock worth $563,000 after acquiring an additional 110 shares during the period. Summit Investment Advisory Services LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 5.6% during the 4th quarter. Summit Investment Advisory Services LLC now owns 2,409 shares of the company’s stock worth $237,000 after acquiring an additional 127 shares during the period. Global View Capital Management LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.5% during the 3rd quarter. Global View Capital Management LLC now owns 9,021 shares of the company’s stock worth $872,000 after acquiring an additional 129 shares during the period. Finally, Integrity Wealth Advisors Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.7% during the 3rd quarter. Integrity Wealth Advisors Inc. now owns 2,938 shares of the company’s stock worth $284,000 after acquiring an additional 133 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $127.76 on Friday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $74.09 and a fifty-two week high of $133.50. The business’s 50 day moving average price is $118.50 and its two-hundred day moving average price is $110.31. The company has a market capitalization of $10.18 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29.

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 paid a $0.0668 dividend. This represents a $0.27 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, March 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

First Trust RBA American Industrial Renaissance ETF Company 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.