Signature Estate & Investment Advisors LLC Increases Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Signature Estate & Investment Advisors LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,107 shares of the company’s stock after buying an additional 1,509 shares during the period. Signature Estate & Investment Advisors LLC owned 0.14% of First Trust RBA American Industrial Renaissance ETF worth $2,547,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 12,150.6% during the third quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock valued at $52,415,000 after purchasing an additional 696,231 shares in the last quarter. LPL Financial LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 48.6% during the second quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock valued at $103,564,000 after purchasing an additional 495,941 shares in the last quarter. Raymond James & Associates raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 82.6% in the 3rd quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock worth $45,797,000 after acquiring an additional 277,507 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 97.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock valued at $30,100,000 after buying an additional 217,241 shares during the last quarter. Finally, Pictet North America Advisors SA purchased a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter worth $7,270,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR stock opened at $82.47 on Friday. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $50.19 and a fifty-two week high of $85.97. The stock’s 50-day simple moving average is $75.68 and its 200-day simple moving average is $71.97.

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. This represents a $0.17 annualized dividend and a yield of 0.20%. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.