TradeWell Securities LLC. Has $5.44 Million Position in First Trust RBA American Industrial Renaissance ETF $AIRR

TradeWell Securities LLC. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 14.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 56,091 shares of the company’s stock after buying an additional 7,204 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up 2.3% of TradeWell Securities LLC.’s investment portfolio, making the stock its 10th biggest position. TradeWell Securities LLC.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,435,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AIRR. Guided Capital Wealth Management LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $5,375,000. Genesis Private Wealth LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.2% during the 3rd quarter. Genesis Private Wealth LLC now owns 37,739 shares of the company’s stock worth $3,649,000 after acquiring an additional 431 shares during the period. Armstrong Advisory Group Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $33,000. Ignite Planners LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 20.4% in the third quarter. Ignite Planners LLC now owns 9,832 shares of the company’s stock valued at $951,000 after acquiring an additional 1,669 shares during the last quarter. Finally, Accel Wealth Management increased its stake in First Trust RBA American Industrial Renaissance ETF by 43.5% in the third quarter. Accel Wealth Management now owns 7,713 shares of the company’s stock valued at $746,000 after acquiring an additional 2,339 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR opened at $99.93 on Friday. The firm has a 50 day simple moving average of $97.72 and a two-hundred day simple moving average of $91.26. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $103.60. The company has a market cap of $6.14 billion, a P/E ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a dividend of $0.0276 per share. The ex-dividend date is Friday, December 12th. This represents a $0.11 annualized dividend and a dividend yield of 0.1%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

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.