JPMorgan Chase & Co. Raises Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

JPMorgan Chase & Co. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 15.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 133,873 shares of the company’s stock after purchasing an additional 17,513 shares during the quarter. JPMorgan Chase & Co. owned 0.22% of First Trust RBA American Industrial Renaissance ETF worth $12,943,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. UBS Group AG grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 7.9% during the third quarter. UBS Group AG now owns 1,917,883 shares of the company’s stock worth $185,421,000 after buying an additional 140,507 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 10.3% during the third quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock worth $175,663,000 after buying an additional 170,254 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 5.2% in the second quarter. Osaic Holdings Inc. now owns 528,956 shares of the company’s stock worth $43,039,000 after buying an additional 26,038 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% in the third quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock worth $43,506,000 after buying an additional 400,000 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $109.77 on Friday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $123.54. The stock has a market capitalization of $7.65 billion, a PE ratio of 21.40 and a beta of 1.29. The firm’s fifty day moving average price is $114.64 and its 200 day moving average price is $104.10.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be given a $0.0668 dividend. This represents a $0.27 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.