First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Acquired by Fortis Advisors LLC

Fortis Advisors LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1,091.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,452 shares of the company’s stock after purchasing an additional 45,302 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up approximately 2.4% of Fortis Advisors LLC’s portfolio, making the stock its 11th biggest position. Fortis Advisors LLC owned approximately 0.20% of First Trust RBA American Industrial Renaissance ETF worth $3,693,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AIRR. Osaic Holdings Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 10.4% in the first quarter. Osaic Holdings Inc. now owns 244,243 shares of the company’s stock valued at $16,446,000 after acquiring an additional 23,076 shares in the last quarter. Kestra Advisory Services LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 0.5% during the first quarter. Kestra Advisory Services LLC now owns 269,572 shares of the company’s stock worth $18,150,000 after buying an additional 1,434 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF by 11.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 12,315 shares of the company’s stock valued at $829,000 after buying an additional 1,259 shares during the last quarter. Comerica Bank boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the first quarter. Comerica Bank now owns 20,234 shares of the company’s stock valued at $1,362,000 after acquiring an additional 746 shares during the period. Finally, Jaffetilchin Investment Partners LLC grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 446.5% during the first quarter. Jaffetilchin Investment Partners LLC now owns 84,901 shares of the company’s stock worth $5,716,000 after acquiring an additional 69,365 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $82.56 on Tuesday. The firm’s fifty day simple moving average is $76.27 and its 200-day simple moving average is $72.32. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $50.19 and a 12 month high of $85.97. The stock 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 Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.0419 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.17 dividend on an annualized basis and a yield of 0.20%.

First Trust RBA American Industrial Renaissance ETF Company 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.