Y Intercept Hong Kong Ltd Takes $1.48 Million Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Y Intercept Hong Kong Ltd purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,178 shares of the company’s stock, valued at approximately $1,480,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Capital Analysts LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% during the first quarter. Capital Analysts LLC now owns 409 shares of the company’s stock valued at $28,000 after acquiring an additional 142 shares in the last quarter. Global View Capital Management LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 1.5% during the first quarter. Global View Capital Management LLC now owns 10,145 shares of the company’s stock valued at $692,000 after acquiring an additional 154 shares in the last quarter. Condor Capital Management raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 3.9% during the first quarter. Condor Capital Management now owns 4,213 shares of the company’s stock valued at $287,000 after acquiring an additional 160 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 6.1% during the second quarter. Comprehensive Financial Consultants Institutional Inc. now owns 3,941 shares of the company’s stock valued at $321,000 after acquiring an additional 226 shares in the last quarter. Finally, Independent Wealth Network Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 4.9% during the second quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock valued at $422,000 after acquiring an additional 240 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $99.92 on Monday. The company has a 50 day moving average price of $95.28 and a 200-day moving average price of $85.53. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $101.70. The company has a market capitalization of $6.12 billion, a PE ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a dividend of $0.0141 per share. This represents a $0.06 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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.