International Assets Investment Management LLC Has $52.42 Million Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

International Assets Investment Management LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 12,150.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 701,961 shares of the company’s stock after purchasing an additional 696,231 shares during the quarter. International Assets Investment Management LLC owned 2.97% of First Trust RBA American Industrial Renaissance ETF worth $52,415,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Carolinas Wealth Consulting LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $29,000. Concourse Financial Group Securities Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after purchasing an additional 348 shares in the last quarter. ORG Partners LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter valued at approximately $194,000. Register Financial Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter worth $199,000. Finally, Accel Wealth Management bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter worth $204,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.4 %

Shares of NASDAQ AIRR opened at $75.84 on Monday. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $46.71 and a 12-month high of $78.00. The firm’s 50-day simple moving average is $73.21 and its 200 day simple moving average is $70.45.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.0419 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.22%. 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.