HBW Advisory Services LLC Boosts Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

HBW Advisory Services LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 235.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 47,872 shares of the company’s stock after purchasing an additional 33,595 shares during the quarter. HBW Advisory Services LLC owned about 0.08% of First Trust RBA American Industrial Renaissance ETF worth $4,628,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in First Trust RBA American Industrial Renaissance ETF by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after buying an additional 220,666 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock valued at $134,041,000 after acquiring an additional 13,099 shares during the last quarter. Royal Bank of Canada boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 29.1% during the 1st quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock valued at $54,710,000 after acquiring an additional 180,581 shares during the last quarter. Parcion Private Wealth LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 53.8% in the second quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock valued at $53,215,000 after purchasing an additional 228,754 shares during the period. Finally, Osaic Holdings Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 5.2% during the second quarter. Osaic Holdings Inc. now owns 528,956 shares of the company’s stock worth $43,039,000 after purchasing an additional 26,038 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $101.28 on Friday. The company has a market capitalization of $6.22 billion, a PE ratio of 21.40 and a beta of 1.29. The firm’s 50-day moving average is $98.22 and its two-hundred day moving average is $92.06. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $59.22 and a 12 month high of $103.60.

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 issued a $0.0276 dividend. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, December 12th.

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.