First Trust RBA American Industrial Renaissance ETF $AIRR Stock Holdings Lessened by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lowered its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 11.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,753 shares of the company’s stock after selling 4,530 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.05% of First Trust RBA American Industrial Renaissance ETF worth $3,515,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of AIRR. Jane Street Group LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 115.9% in the first quarter. Jane Street Group LLC now owns 17,464 shares of the company’s stock valued at $1,191,000 after buying an additional 9,374 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter valued at $348,000. Raymond James Financial Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% in the second quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock valued at $134,041,000 after buying an additional 13,099 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 144.9% in the second quarter. Ausdal Financial Partners Inc. now owns 10,488 shares of the company’s stock valued at $854,000 after buying an additional 6,205 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the second quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after buying an additional 220,666 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ AIRR opened at $125.65 on Tuesday. The stock has a market capitalization of $9.88 billion, a P/E ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $67.75 and a 1 year high of $126.45. The business’s fifty day moving average is $116.28 and its two-hundred day moving average is $107.73.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.0668 per share. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.27 annualized dividend and a yield of 0.2%.

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.