Ausdal Financial Partners Inc. Buys Shares of 2,810 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Ausdal Financial Partners Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,810 shares of the company’s stock, valued at approximately $217,000.

A number of other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 184.3% in the 3rd quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock valued at $2,244,000 after purchasing an additional 19,481 shares in the last quarter. FMR LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 62.5% in the third quarter. FMR LLC now owns 2,705 shares of the company’s stock worth $202,000 after buying an additional 1,040 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $2,455,000. JPMorgan Chase & Co. grew its stake in First Trust RBA American Industrial Renaissance ETF by 121.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 50,548 shares of the company’s stock valued at $3,774,000 after acquiring an additional 27,739 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $267,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $68.27 on Friday. The stock’s 50 day simple moving average is $74.72 and its 200-day simple moving average is $77.21. The stock has a market cap of $2.99 billion, a P/E ratio of 22.32 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $61.36 and a 1-year high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.075 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.44%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

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.