APS Management Group Inc. Acquires New Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

APS Management Group Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 24,744 shares of the company’s stock, valued at approximately $2,393,000. First Trust RBA American Industrial Renaissance ETF comprises approximately 1.7% of APS Management Group Inc.’s portfolio, making the stock its 13th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CoreCap Advisors LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 46.0% during the third quarter. CoreCap Advisors LLC now owns 5,579 shares of the company’s stock valued at $539,000 after purchasing an additional 1,758 shares during the period. Gladstone Institutional Advisory LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 3.0% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 7,763 shares of the company’s stock worth $751,000 after buying an additional 225 shares during the period. Geneos Wealth Management Inc. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 8.7% during the 3rd quarter. Geneos Wealth Management Inc. now owns 9,938 shares of the company’s stock valued at $961,000 after buying an additional 798 shares in the last quarter. D.A. Davidson & CO. boosted its position in First Trust RBA American Industrial Renaissance ETF by 1.0% in the 3rd quarter. D.A. Davidson & CO. now owns 30,893 shares of the company’s stock valued at $2,987,000 after buying an additional 304 shares during the period. Finally, Daymark Wealth Partners LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 32.1% in the 3rd quarter. Daymark Wealth Partners LLC now owns 62,253 shares of the company’s stock valued at $6,019,000 after buying an additional 15,111 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $105.70 on Wednesday. The firm has a market cap of $7.00 billion, a PE ratio of 21.40 and a beta of 1.29. The firm’s 50 day simple moving average is $98.64 and its 200-day simple moving average is $93.40. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $105.72.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.0276 per share. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. This represents a $0.11 annualized dividend 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.