TradeWell Securities LLC. Acquires 5,944 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

TradeWell Securities LLC. grew its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 10.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 62,035 shares of the company’s stock after purchasing an additional 5,944 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up about 1.0% of TradeWell Securities LLC.’s portfolio, making the stock its 11th biggest position. TradeWell Securities LLC. owned about 0.09% of First Trust RBA American Industrial Renaissance ETF worth $6,099,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after acquiring an additional 10,198,584 shares during the last quarter. Bank of America Corp DE grew its position in First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after acquiring an additional 1,036,237 shares during the last quarter. UBS Group AG grew its position in First Trust RBA American Industrial Renaissance ETF by 9.9% during the 4th quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock worth $207,215,000 after acquiring an additional 189,674 shares during the last quarter. Raymond James Financial Inc. grew its position 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 worth $175,663,000 after acquiring an additional 170,254 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in First Trust RBA American Industrial Renaissance ETF by 0.6% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 992,070 shares of the company’s stock worth $97,540,000 after acquiring an additional 5,833 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.9%

Shares of AIRR stock opened at $129.43 on Thursday. The firm has a market capitalization of $10.32 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $75.18 and a twelve month high of $133.50. The stock’s fifty day simple moving average is $120.81 and its 200 day simple moving average is $111.89.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0668 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. 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.