Gotham Asset Management LLC Acquires Shares of 4,037 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Gotham Asset Management LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,037 shares of the company’s stock, valued at approximately $311,000.

A number of other large investors have also added to or reduced their stakes in the stock. Arkadios Wealth Advisors purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $503,000. Genesis Private Wealth LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $2,516,000. AFG Fiduciary Services Limited Partnership raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 115.1% in the fourth quarter. AFG Fiduciary Services Limited Partnership now owns 7,562 shares of the company’s stock worth $614,000 after purchasing an additional 4,047 shares during the last quarter. Daymark Wealth Partners LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $234,000. Finally, GoalVest Advisory LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 18,391.5% in the fourth quarter. GoalVest Advisory LLC now owns 26,258 shares of the company’s stock worth $2,023,000 after purchasing an additional 26,116 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR stock opened at $77.44 on Wednesday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $86.95. The business has a fifty day moving average price of $69.95 and a 200-day moving average price of $75.94. The stock has a market capitalization of $3.52 billion, a P/E ratio of 21.06 and a beta of 1.26.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.075 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.39%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

First Trust RBA American Industrial Renaissance 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.