AFG Fiduciary Services Limited Partnership Purchases Shares of 3,515 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

AFG Fiduciary Services Limited Partnership purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,515 shares of the company’s stock, valued at approximately $268,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AIRR. Mirae Asset Global Investments Co. Ltd. increased its stake in First Trust RBA American Industrial Renaissance ETF by 115.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 175,000 shares of the company’s stock worth $11,783,000 after acquiring an additional 93,800 shares during the last quarter. Raymond James & Associates raised its stake in First Trust RBA American Industrial Renaissance ETF by 7.6% in the second quarter. Raymond James & Associates now owns 335,824 shares of the company’s stock valued at $22,940,000 after purchasing an additional 23,754 shares in the last quarter. Prudential PLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at approximately $2,732,000. Wealthcare Advisory Partners LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 82.2% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,440 shares of the company’s stock worth $636,000 after buying an additional 4,258 shares in the last quarter. Finally, Comerica Bank increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the 1st quarter. Comerica Bank now owns 20,234 shares of the company’s stock worth $1,362,000 after buying an additional 746 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $76.24 on Wednesday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $46.71 and a fifty-two week high of $77.11. The firm’s fifty day moving average price is $71.94 and its 200-day moving average price is $69.85. The stock has a market cap of $1.76 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.0419 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.17 annualized dividend and a yield of 0.22%. 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.