First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Acquired by Brown Advisory Inc.

Brown Advisory Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 52.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,001 shares of the company’s stock after acquiring an additional 3,799 shares during the period. Brown Advisory Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $750,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AIRR. Bank of America Corp DE grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 136.1% in the fourth quarter. Bank of America Corp DE now owns 3,533,091 shares of the company’s stock valued at $272,189,000 after purchasing an additional 2,036,464 shares during the period. Wells Fargo & Company MN purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at approximately $69,810,000. LPL Financial LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 42.7% during the 4th quarter. LPL Financial LLC now owns 2,654,421 shares of the company’s stock worth $204,497,000 after buying an additional 794,494 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 36.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 813,423 shares of the company’s stock worth $55,484,000 after acquiring an additional 218,355 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 44.1% in the fourth quarter. Royal Bank of Canada now owns 621,498 shares of the company’s stock worth $47,880,000 after acquiring an additional 190,251 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.3%

Shares of NASDAQ AIRR opened at $84.61 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $86.95. The business has a 50 day moving average price of $78.54 and a two-hundred day moving average price of $75.10. The firm has a market cap of $4.16 billion, a PE ratio of 21.40 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were paid a dividend of $0.0662 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.31%. The ex-dividend date was Thursday, June 26th.

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.