Kestra Private Wealth Services LLC Buys 10,155 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Kestra Private Wealth Services LLC raised its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 16.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 73,738 shares of the company’s stock after purchasing an additional 10,155 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $7,250,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AIRR. Fearless Solutions LLC dba Best Invest boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 51.6% during the fourth quarter. Fearless Solutions LLC dba Best Invest now owns 22,018 shares of the company’s stock worth $2,165,000 after purchasing an additional 7,490 shares during the period. Bank of America Corp DE boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares during the period. Daymark Wealth Partners LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 19.5% during the fourth quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock worth $7,313,000 after purchasing an additional 12,127 shares during the period. Cambridge Advisors Inc. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 64.6% during the fourth quarter. Cambridge Advisors Inc. now owns 15,149 shares of the company’s stock worth $1,489,000 after purchasing an additional 5,944 shares during the period. Finally, Comprehensive Wealth Management LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 36.8% during the third quarter. Comprehensive Wealth Management LLC now owns 73,274 shares of the company’s stock worth $7,084,000 after purchasing an additional 19,714 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 1.6%

First Trust RBA American Industrial Renaissance ETF stock opened at $123.59 on Wednesday. The firm has a 50-day moving average of $116.39 and a 200-day moving average of $107.94. The firm has a market cap of $9.71 billion, a P/E ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $67.75 and a 1-year high of $126.45.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.