Mirae Asset Global Investments Co. Ltd. Raises Stake in First Trust RBA American Industrial RenaissanceTM ETF (NASDAQ:AIRR)

Mirae Asset Global Investments Co. Ltd. raised its stake in First Trust RBA American Industrial RenaissanceTM ETF (NASDAQ:AIRR) by 238.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,200 shares of the company’s stock after buying an additional 57,200 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in First Trust RBA American Industrial RenaissanceTM ETF were worth $4,727,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. grew its holdings in First Trust RBA American Industrial RenaissanceTM ETF by 5.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 711,182 shares of the company’s stock valued at $41,135,000 after buying an additional 36,465 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of First Trust RBA American Industrial RenaissanceTM ETF by 5,949.1% during the 4th quarter. International Assets Investment Management LLC now owns 337,479 shares of the company’s stock worth $19,520,000 after purchasing an additional 331,900 shares during the period. Global Retirement Partners LLC grew its holdings in shares of First Trust RBA American Industrial RenaissanceTM ETF by 1,580.6% during the 4th quarter. Global Retirement Partners LLC now owns 4,067 shares of the company’s stock worth $221,000 after purchasing an additional 3,825 shares during the period. Herold Advisors Inc. purchased a new position in shares of First Trust RBA American Industrial RenaissanceTM ETF during the 3rd quarter worth $305,000. Finally, UBS Group AG grew its holdings in shares of First Trust RBA American Industrial RenaissanceTM ETF by 27.6% during the 3rd quarter. UBS Group AG now owns 498,689 shares of the company’s stock worth $25,692,000 after purchasing an additional 107,823 shares during the period.

First Trust RBA American Industrial RenaissanceTM ETF Trading Down 0.9 %

NASDAQ AIRR opened at $63.29 on Tuesday. The stock has a market cap of $848.09 million, a PE ratio of 18.72 and a beta of 1.25. First Trust RBA American Industrial RenaissanceTM ETF has a twelve month low of $44.07 and a twelve month high of $67.74. The stock has a fifty day simple moving average of $63.29 and a 200-day simple moving average of $56.48.

First Trust RBA American Industrial RenaissanceTM ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.0096 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.06%. The ex-dividend date was Thursday, March 21st.

First Trust RBA American Industrial RenaissanceTM ETF Company 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.