1,232 Shares in First Trust RBA American Industrial Renaissance ETF $AIRR Bought by Bank of Montreal Can

Bank of Montreal Can acquired 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 Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,232 shares of the company’s stock, valued at approximately $100,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Brio Consultants LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at $1,281,000. Commonwealth Equity Services LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 48.4% in the first quarter. Commonwealth Equity Services LLC now owns 406,770 shares of the company’s stock worth $27,746,000 after purchasing an additional 132,678 shares during the last quarter. Barnes Wealth Management Group Inc purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the first quarter valued at about $219,000. Comerica Bank boosted its position in First Trust RBA American Industrial Renaissance ETF by 8.3% during the first quarter. Comerica Bank now owns 27,681 shares of the company’s stock valued at $1,888,000 after buying an additional 2,112 shares during the period. Finally, Trust Co. of Toledo NA OH bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter valued at about $563,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $92.97 on Friday. The firm has a market capitalization of $5.71 billion, a P/E ratio of 21.40 and a beta of 1.29. The stock has a 50 day moving average price of $96.43 and a 200-day moving average price of $88.06. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $101.70.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

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.