First Trust RBA American Industrial Renaissance ETF $AIRR Position Increased by WPG Advisers LLC

WPG Advisers LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 268.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,998 shares of the company’s stock after buying an additional 38,597 shares during the period. First Trust RBA American Industrial Renaissance ETF comprises about 4.0% of WPG Advisers LLC’s holdings, making the stock its 5th largest holding. WPG Advisers LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,124,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 9.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 60,912 shares of the company’s stock worth $5,937,000 after acquiring an additional 5,405 shares in the last quarter. Intrua Financial LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $1,738,000. Smith Thornton Advisors LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.7% during the third quarter. Smith Thornton Advisors LLC now owns 24,016 shares of the company’s stock worth $2,322,000 after purchasing an additional 166 shares in the last quarter. Stegent Equity Advisors Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 2.1% during the third quarter. Stegent Equity Advisors Inc. now owns 22,759 shares of the company’s stock worth $2,200,000 after purchasing an additional 478 shares in the last quarter. Finally, QRG Capital Management Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter valued at approximately $203,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.3%

Shares of AIRR opened at $113.54 on Monday. The company has a market cap of $7.77 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $114.38. The firm’s 50 day moving average price is $100.27 and its 200 day moving average price is $94.97.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.0276 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Friday, December 12th.

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.