Asset One Wealth Management LLC Buys Shares of 17,497 First Trust RBA American Industrial Renaissance ETF $AIRR

Asset One Wealth Management LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 17,497 shares of the company’s stock, valued at approximately $1,720,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $31,000. Park Square Financial Group LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $47,000. CIBC Private Wealth Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 107.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock valued at $49,000 after purchasing an additional 260 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 41.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 510 shares of the company’s stock valued at $51,000 after purchasing an additional 150 shares in the last quarter. Finally, Rothschild Investment LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 39.7% in the 4th quarter. Rothschild Investment LLC now owns 510 shares of the company’s stock valued at $50,000 after purchasing an additional 145 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.8%

NASDAQ:AIRR opened at $129.25 on Thursday. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The company’s 50-day moving average is $126.12 and its two-hundred day moving average is $115.40. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $77.41 and a 12-month high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.0668 dividend. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, March 26th. This represents a $0.27 annualized dividend 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.