Prudential PLC Purchases 27,926 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Prudential PLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 43.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,426 shares of the company’s stock after acquiring an additional 27,926 shares during the period. Prudential PLC owned approximately 0.13% of First Trust RBA American Industrial Renaissance ETF worth $9,087,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Comprehensive Wealth Management LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 83.9% during the fourth quarter. Comprehensive Wealth Management LLC now owns 134,738 shares of the company’s stock valued at $13,247,000 after acquiring an additional 61,464 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 35.2% in the 4th quarter. Continuum Advisory LLC now owns 7,109 shares of the company’s stock valued at $699,000 after purchasing an additional 1,852 shares in the last quarter. Lido Advisors LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $737,000. Calton & Associates Inc. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 11.9% in the 4th quarter. Calton & Associates Inc. now owns 11,681 shares of the company’s stock valued at $1,148,000 after purchasing an additional 1,244 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 41.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 510 shares of the company’s stock valued at $51,000 after buying an additional 150 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $127.97 on Friday. The firm has a market cap of $10.20 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The firm has a 50-day simple moving average of $123.35 and a two-hundred day simple moving average of $113.37. First Trust RBA American Industrial Renaissance ETF has a one year low of $77.16 and a one year high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0668 per share. The ex-dividend date of this dividend was Thursday, March 26th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.27 annualized dividend and a dividend yield of 0.2%.

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.