First Trust RBA American Industrial Renaissance ETF $AIRR Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,086 shares of the company’s stock after buying an additional 2,475 shares during the quarter. Janney Montgomery Scott LLC owned 0.17% of First Trust RBA American Industrial Renaissance ETF worth $7,089,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Genesis Private Wealth LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 3.3% during the second quarter. Genesis Private Wealth LLC now owns 37,308 shares of the company’s stock worth $3,037,000 after buying an additional 1,206 shares during the period. Tempus Wealth Planning LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $488,000. Independent Wealth Network Inc. grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 4.9% in the second quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock valued at $422,000 after purchasing an additional 240 shares during the last quarter. Cambridge Advisors Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter valued at approximately $567,000. Finally, Maridea Wealth Management LLC grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 101.9% in the second quarter. Maridea Wealth Management LLC now owns 26,767 shares of the company’s stock valued at $2,179,000 after purchasing an additional 13,507 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR stock opened at $97.06 on Monday. The company’s 50 day simple moving average is $91.70 and its 200-day simple moving average is $81.15. The firm has a market capitalization of $5.61 billion, a PE ratio of 21.40 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $59.22 and a 12 month high of $98.18.

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 given a $0.0141 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.06 annualized dividend and a dividend yield of 0.1%.

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.