HighTower Advisors LLC Acquires 20,756 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

HighTower Advisors LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 7.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 308,209 shares of the company’s stock after purchasing an additional 20,756 shares during the period. HighTower Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $29,801,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Warner Group LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $847,000. Hanover Advisors Inc. lifted its position in First Trust RBA American Industrial Renaissance ETF by 4.1% during the 3rd quarter. Hanover Advisors Inc. now owns 11,704 shares of the company’s stock worth $1,132,000 after buying an additional 457 shares in the last quarter. Assetmark Inc. grew its holdings in First Trust RBA American Industrial Renaissance ETF by 0.8% during the 3rd quarter. Assetmark Inc. now owns 31,542 shares of the company’s stock worth $3,049,000 after acquiring an additional 236 shares during the last quarter. Elmwood Wealth Management Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 1.8% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 56,990 shares of the company’s stock valued at $5,510,000 after acquiring an additional 1,024 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its position in First Trust RBA American Industrial Renaissance ETF by 110.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 110,305 shares of the company’s stock valued at $10,664,000 after acquiring an additional 57,898 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.4%

Shares of NASDAQ AIRR opened at $118.86 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $123.54. The company has a 50-day moving average of $108.83 and a two-hundred day moving average of $99.75. The company has a market cap of $8.28 billion, a PE ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.0276 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

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.