Level Four Advisory Services LLC Has $438,000 Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Level Four Advisory Services LLC grew its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 14.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 5,376 shares of the company’s stock after buying an additional 695 shares during the quarter. Level Four Advisory Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $438,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Parcion Private Wealth LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 53.8% during the second quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock worth $53,215,000 after acquiring an additional 228,754 shares during the period. Royal Bank of Canada increased its holdings in First Trust RBA American Industrial Renaissance ETF by 29.1% during the 1st quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock worth $54,710,000 after purchasing an additional 180,581 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 48.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 406,770 shares of the company’s stock valued at $27,746,000 after purchasing an additional 132,678 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 69.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 295,482 shares of the company’s stock valued at $20,155,000 after purchasing an additional 120,764 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 21.5% in the first quarter. Kestra Advisory Services LLC now owns 489,553 shares of the company’s stock valued at $33,392,000 after purchasing an additional 86,675 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ:AIRR opened at $97.54 on Tuesday. The company has a market cap of $5.99 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $101.70. The stock has a 50-day simple moving average of $96.82 and a 200 day simple moving average of $89.21.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

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.