First Trust RBA American Industrial Renaissance ETF $AIRR Shares Purchased by Barometer Capital Management Inc.

Barometer Capital Management Inc. lifted its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 650.0% during the fourth quarter, Holdings Channel reports. The fund owned 9,000 shares of the company’s stock after buying an additional 7,800 shares during the quarter. Barometer Capital Management Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Principal Securities Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 90.2% in the fourth quarter. Principal Securities Inc. now owns 44,454 shares of the company’s stock worth $4,371,000 after acquiring an additional 21,082 shares during the period. Great Valley Advisor Group Inc. grew its position in First Trust RBA American Industrial Renaissance ETF by 6.7% during the fourth quarter. Great Valley Advisor Group Inc. now owns 29,231 shares of the company’s stock valued at $2,874,000 after buying an additional 1,832 shares during the period. Kovack Advisors Inc. grew its position in First Trust RBA American Industrial Renaissance ETF by 21.5% during the fourth quarter. Kovack Advisors Inc. now owns 3,701 shares of the company’s stock valued at $368,000 after buying an additional 656 shares during the period. Stirlingshire Investments Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at $288,000. Finally, Gateway Wealth Partners LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 19.3% during the fourth quarter. Gateway Wealth Partners LLC now owns 9,304 shares of the company’s stock valued at $915,000 after buying an additional 1,508 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $128.39 on Friday. The firm has a market cap of $10.23 billion, a PE ratio of 21.40 and a beta of 1.27. The firm’s fifty day moving average is $124.78 and its 200 day moving average is $114.49. First Trust RBA American Industrial Renaissance ETF has a one year low of $77.16 and a one year high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0668 per share. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.27 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, March 26th.

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.