Citadel Advisors LLC Invests $2.46 Million in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Citadel Advisors LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 31,980 shares of the company’s stock, valued at approximately $2,464,000. Citadel Advisors LLC owned about 0.07% of First Trust RBA American Industrial Renaissance ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC bought a new position in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $45,000. SBI Securities Co. Ltd. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $53,000. Archer Investment Corp acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $58,000. Private Trust Co. NA raised its stake in First Trust RBA American Industrial Renaissance ETF by 800.0% in the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $69,000 after purchasing an additional 800 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $100,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.4%

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $75.42 on Friday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $86.95. The company has a 50-day simple moving average of $70.19 and a two-hundred day simple moving average of $75.94. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 21.06 and a beta of 1.26.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.075 dividend. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, March 27th. This represents a $0.30 annualized dividend and a yield of 0.40%.

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.