First Trust RBA American Industrial Renaissance ETF $AIRR Holdings Increased by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 75.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,101 shares of the company’s stock after acquiring an additional 41,656 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for approximately 1.9% of Riggs Asset Managment Co. Inc.’s holdings, making the stock its 12th biggest position. Riggs Asset Managment Co. Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $9,547,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its stake 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 valued at $686,626,000 after acquiring an additional 1,036,237 shares during the period. BNP Paribas Financial Markets lifted its position in 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 purchasing an additional 400,000 shares during the period. Raymond James Financial Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 10.3% during the 3rd quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock valued at $175,663,000 after purchasing an additional 170,254 shares in the last quarter. UBS Group AG boosted its stake in First Trust RBA American Industrial Renaissance ETF by 7.9% during the 3rd quarter. UBS Group AG now owns 1,917,883 shares of the company’s stock valued at $185,421,000 after purchasing an additional 140,507 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $13,554,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $125.43 on Friday. First Trust RBA American Industrial Renaissance ETF has a one year low of $67.75 and a one year high of $126.45. The stock’s fifty day moving average is $116.06 and its 200-day moving average is $107.23. The company has a market capitalization of $9.82 billion, a PE ratio of 21.40 and a beta of 1.27.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a dividend of $0.0668 per share. The ex-dividend date of this dividend was Thursday, March 26th. This is an increase 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 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.