Foundations Investment Advisors LLC Raises Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Foundations Investment Advisors LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 493.2% in the fourth quarter, HoldingsChannel reports. The firm owned 16,413 shares of the company’s stock after purchasing an additional 13,646 shares during the period. Foundations Investment Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,614,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 200.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after purchasing an additional 240 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at approximately $47,000. CIBC Private Wealth Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 107.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after buying an additional 260 shares during the last quarter. Main Street Group LTD bought a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $64,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 1,041.7% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 685 shares of the company’s stock worth $67,000 after buying an additional 625 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 1.0%

NASDAQ:AIRR opened at $129.18 on Friday. The business’s 50 day moving average is $121.57 and its two-hundred day moving average is $112.24. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $75.18 and a 52 week high of $133.50. The company has a market cap of $10.30 billion, a PE 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. Stockholders of record on Thursday, March 26th were given a dividend of $0.0668 per share. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Thursday, March 26th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.