Gateway Wealth Partners LLC Takes Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Gateway Wealth Partners LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,933 shares of the company’s stock, valued at approximately $405,000.

A number of other hedge funds also recently made changes to their positions in the business. Pinnacle Bancorp Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $27,000. Carolinas Wealth Consulting LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $29,000. Concourse Financial Group Securities Inc. lifted its holdings in 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 during the last quarter. Register Financial Advisors LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $199,000. Finally, Accel Wealth Management acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $204,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.3 %

NASDAQ:AIRR opened at $74.67 on Tuesday. The stock has a market cap of $1.46 billion, a P/E ratio of 23.16 and a beta of 1.25. The stock has a 50 day simple moving average of $71.23 and a 200 day simple moving average of $69.11. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $46.71 and a 1-year high of $75.92.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared 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. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend was Thursday, September 26th.

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.