NewEdge Advisors LLC Has $1.39 Million Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

NewEdge Advisors LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 19.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,339 shares of the company’s stock after buying an additional 3,243 shares during the period. NewEdge Advisors LLC owned approximately 0.10% of First Trust RBA American Industrial Renaissance ETF worth $1,389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of AIRR. LPL Financial LLC increased its holdings in shares of 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 valued at $103,564,000 after purchasing an additional 495,941 shares during the period. Global Assets Advisory LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at approximately $34,255,000. Cambridge Investment Research Advisors Inc. lifted its position 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 in the last quarter. Raymond James & Associates boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 7.6% during the 2nd quarter. Raymond James & Associates now owns 335,824 shares of the company’s stock valued at $22,940,000 after buying an additional 23,754 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 0.5% during the 1st quarter. Kestra Advisory Services LLC now owns 269,572 shares of the company’s stock valued at $18,150,000 after acquiring an additional 1,434 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.4 %

Shares of NASDAQ:AIRR opened at $74.55 on Friday. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $46.71 and a 1 year high of $75.92. The business has a fifty day simple moving average of $71.33 and a 200 day simple moving average of $69.37.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0419 per share. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.22%.

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.