Good Life Advisors LLC Increases Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Good Life Advisors LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 28.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,645 shares of the company’s stock after purchasing an additional 10,411 shares during the quarter. Good Life Advisors LLC owned approximately 0.09% of First Trust RBA American Industrial Renaissance ETF worth $3,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 52.6% during the 1st quarter. Bank of New York Mellon Corp now owns 4,109 shares of the company’s stock valued at $280,000 after purchasing an additional 1,417 shares in the last quarter. Envestnet Asset Management Inc. grew its position in First Trust RBA American Industrial Renaissance ETF by 47.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 238,938 shares of the company’s stock valued at $16,298,000 after purchasing an additional 76,373 shares during the last quarter. Stephens Inc. AR increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 140.5% during the first quarter. Stephens Inc. AR now owns 18,868 shares of the company’s stock valued at $1,287,000 after acquiring an additional 11,024 shares in the last quarter. CWM LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 27.3% during the first quarter. CWM LLC now owns 74,467 shares of the company’s stock valued at $5,079,000 after purchasing an additional 15,978 shares in the last quarter. Finally, Apollon Wealth Management LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter worth approximately $1,083,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $98.04 on Thursday. The business’s 50-day moving average is $96.31 and its two-hundred day moving average is $87.11. The company has a market cap of $6.02 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $101.70.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.0141 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.06 annualized dividend and a dividend yield of 0.1%.

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.