Benjamin Edwards Inc. Acquires Shares of 32,875 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Benjamin Edwards Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 32,875 shares of the company’s stock, valued at approximately $2,455,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Comerica Bank increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% during 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 in the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 153.7% during the first quarter. Cetera Investment Advisers now owns 80,812 shares of the company’s stock valued at $5,441,000 after acquiring an additional 48,954 shares in the last quarter. Cetera Advisors LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 193.9% during the first quarter. Cetera Advisors LLC now owns 18,322 shares of the company’s stock valued at $1,234,000 after acquiring an additional 12,088 shares in the last quarter. Accel Wealth Management bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter valued at $204,000. Finally, Register Financial Advisors LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter valued at $199,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $85.86 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $52.24 and a 1-year high of $86.95. The business has a fifty day moving average price of $79.08 and a 200-day moving average price of $73.54. The company has a market capitalization of $2.11 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.0419 per share. 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. This represents a $0.17 annualized dividend and a dividend yield of 0.20%.

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.