First Trust RBA American Industrial Renaissance ETF $AIRR Shares Bought by Fearless Solutions LLC dba Best Invest

Fearless Solutions LLC dba Best Invest raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 51.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,018 shares of the company’s stock after purchasing an additional 7,490 shares during the quarter. First Trust RBA American Industrial Renaissance ETF comprises 1.3% of Fearless Solutions LLC dba Best Invest’s portfolio, making the stock its 24th largest holding. Fearless Solutions LLC dba Best Invest’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,165,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after purchasing an additional 1,036,237 shares during the last quarter. Daymark Wealth Partners LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF by 19.5% during the 4th quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock worth $7,313,000 after buying an additional 12,127 shares during the period. Comprehensive Wealth Management LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF by 36.8% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 73,274 shares of the company’s stock worth $7,084,000 after buying an additional 19,714 shares during the period. JBR Co Financial Management Inc lifted its stake in First Trust RBA American Industrial Renaissance ETF by 19.3% during the third quarter. JBR Co Financial Management Inc now owns 31,806 shares of the company’s stock valued at $3,075,000 after buying an additional 5,154 shares in the last quarter. Finally, Sage Private Wealth Group LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 16.6% in the third quarter. Sage Private Wealth Group LLC now owns 194,528 shares of the company’s stock worth $18,807,000 after buying an additional 27,725 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $112.87 on Friday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $123.54. The company has a market cap of $8.49 billion, a P/E ratio of 21.40 and a beta of 1.29. The firm’s 50 day simple moving average is $114.43 and its 200-day simple moving average is $104.75.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.