First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Sees Unusually-High Trading Volume

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) shares saw an uptick in trading volume on Wednesday . 250,599 shares traded hands during trading, an increase of 99% from the previous session’s volume of 125,746 shares.The stock last traded at $67.54 and had previously closed at $66.56.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.4 %

The business’s fifty day moving average is $69.59 and its 200 day moving average is $63.95. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.0333 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.13 annualized dividend and a yield of 0.19%.

Institutional Investors Weigh In On First Trust RBA American Industrial Renaissance ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AIRR. Pinnacle Bancorp Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at $27,000. Principal Securities Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $39,000. Register Financial Advisors LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth about $199,000. Accel Wealth Management acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth about $204,000. Finally, J.W. Cole Advisors Inc. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth about $210,000.

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.