Farther Finance Advisors LLC Makes New Investment in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Farther Finance Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 350 shares of the company’s stock, valued at approximately $26,000.

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 48.6% in the 2nd quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock worth $103,564,000 after buying an additional 495,941 shares during the period. International Assets Investment Management LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 12,150.6% in the 3rd quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock worth $52,415,000 after buying an additional 696,231 shares during the period. Raymond James & Associates increased its holdings in First Trust RBA American Industrial Renaissance ETF by 82.6% in the 3rd quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock worth $45,797,000 after buying an additional 277,507 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 97.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock worth $30,100,000 after buying an additional 217,241 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 0.5% in the 1st quarter. Kestra Advisory Services LLC now owns 269,572 shares of the company’s stock worth $18,150,000 after buying an additional 1,434 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.8 %

Shares of NASDAQ:AIRR opened at $81.85 on Friday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $50.19 and a twelve month high of $85.97. The company’s 50 day moving average is $75.97 and its 200 day moving average is $72.09. The company has a market cap of $2.01 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.0419 dividend. This represents a $0.17 annualized dividend and a yield of 0.20%. The ex-dividend date was Thursday, September 26th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

About First Trust RBA American Industrial Renaissance ETF

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.