First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Hits New 52-Week High at $67.82

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $67.82 and last traded at $67.75, with a volume of 16658 shares changing hands. The stock had previously closed at $66.38.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.7 %

The company’s fifty day simple moving average is $64.69 and its 200 day simple moving average is $58.07. The stock has a market capitalization of $970.28 million, a price-to-earnings ratio of 23.16 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.0096 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.06%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Trading of First Trust RBA American Industrial Renaissance ETF

Several hedge funds and other institutional investors have recently bought and sold shares of AIRR. Global Assets Advisory LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter worth approximately $34,255,000. International Assets Investment Management LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 5,949.1% during the 4th quarter. International Assets Investment Management LLC now owns 337,479 shares of the company’s stock valued at $19,520,000 after acquiring an additional 331,900 shares during the period. LPL Financial LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 54.2% during the 3rd quarter. LPL Financial LLC now owns 868,861 shares of the company’s stock worth $44,764,000 after purchasing an additional 305,308 shares in the last quarter. Csenge Advisory Group bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter worth $5,787,000. Finally, UBS Group AG raised its stake in First Trust RBA American Industrial Renaissance ETF by 27.6% in the third quarter. UBS Group AG now owns 498,689 shares of the company’s stock valued at $25,692,000 after purchasing an additional 107,823 shares in the last quarter.

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.