Valley Wealth Managers Inc. Acquires New Shares in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Valley Wealth Managers Inc. bought a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 16,187 shares of the company’s stock, valued at approximately $1,106,000. Valley Wealth Managers Inc. owned about 0.08% of First Trust RBA American Industrial Renaissance ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 48.6% in the 2nd quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock worth $103,564,000 after purchasing an additional 495,941 shares during the period. VitalStone Financial LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 5.7% during the 2nd quarter. VitalStone Financial LLC now owns 8,478 shares of the company’s stock worth $579,000 after acquiring an additional 457 shares during the last quarter. Seaview Investment Managers LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at about $2,426,000. Prudential PLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at about $2,732,000. Finally, Fiduciary Planning LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 3.9% in the second quarter. Fiduciary Planning LLC now owns 75,636 shares of the company’s stock worth $5,167,000 after buying an additional 2,871 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $71.08 on Friday. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The company’s fifty day moving average price is $70.51 and its 200-day moving average price is $68.25. First Trust RBA American Industrial Renaissance ETF has a one year low of $46.71 and a one year high of $75.92.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.0333 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.13 annualized dividend and a yield of 0.19%.

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.