Creekside Partners Makes New Investment in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Creekside Partners acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 7,954 shares of the company’s stock, valued at approximately $543,000.

A number of other hedge funds also recently made changes to their positions in AIRR. VitalStone Financial LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 11.2% in the fourth quarter. VitalStone Financial LLC now owns 6,613 shares of the company’s stock valued at $382,000 after acquiring an additional 667 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 115.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 175,000 shares of the company’s stock valued at $11,783,000 after buying an additional 93,800 shares in the last quarter. Raymond James & Associates lifted its position in First Trust RBA American Industrial Renaissance ETF by 7.6% in the 2nd quarter. Raymond James & Associates now owns 335,824 shares of the company’s stock worth $22,940,000 after buying an additional 23,754 shares during the last quarter. Prudential PLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the second quarter worth approximately $2,732,000. Finally, Wealthcare Advisory Partners LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 82.2% in the first quarter. Wealthcare Advisory Partners LLC now owns 9,440 shares of the company’s stock worth $636,000 after buying an additional 4,258 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $74.07 on Wednesday. The company has a market capitalization of $1.67 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a one year low of $46.71 and a one year high of $75.92. The company’s 50 day moving average price is $71.23 and its two-hundred day moving average price is $69.11.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.0419 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.17 annualized dividend and a dividend yield of 0.23%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.