Spire Wealth Management Buys 6,392 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Spire Wealth Management lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 16.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 44,678 shares of the company’s stock after buying an additional 6,392 shares during the period. Spire Wealth Management’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $4,393,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares during the period. Daymark Wealth Partners LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 19.5% during the 4th quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock valued at $7,313,000 after purchasing an additional 12,127 shares during the period. Comprehensive Wealth Management LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 36.8% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 73,274 shares of the company’s stock valued at $7,084,000 after purchasing an additional 19,714 shares during the last quarter. JBR Co Financial Management Inc raised its position in First Trust RBA American Industrial Renaissance ETF by 19.3% during the 3rd quarter. JBR Co Financial Management Inc now owns 31,806 shares of the company’s stock valued at $3,075,000 after purchasing an additional 5,154 shares during the last quarter. Finally, Sage Private Wealth Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 16.6% in the 3rd quarter. Sage Private Wealth Group LLC now owns 194,528 shares of the company’s stock worth $18,807,000 after buying an additional 27,725 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR stock opened at $109.77 on Monday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $123.54. The firm has a market cap of $7.65 billion, a P/E ratio of 21.40 and a beta of 1.29. The business’s 50 day moving average price is $114.64 and its 200-day moving average price is $104.28.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

First Trust RBA American Industrial Renaissance ETF 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.