Harbour Investments Inc. Buys 6,079 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Harbour Investments Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,929 shares of the company’s stock after acquiring an additional 6,079 shares during the period. Harbour Investments Inc. owned 0.50% of First Trust RBA American Industrial Renaissance ETF worth $9,104,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AIRR. Fountainhead AM LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $345,000. tru Independence LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 29.6% during the third quarter. tru Independence LLC now owns 4,124 shares of the company’s stock valued at $308,000 after purchasing an additional 942 shares during the period. Arvest Investments Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 12.6% in the third quarter. Arvest Investments Inc. now owns 29,638 shares of the company’s stock worth $2,213,000 after buying an additional 3,310 shares during the last quarter. Tyler Stone Wealth Management raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 108.7% in the third quarter. Tyler Stone Wealth Management now owns 4,821 shares of the company’s stock valued at $360,000 after buying an additional 2,511 shares during the period. Finally, Mach 1 Financial Group LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $3,664,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $85.54 on Tuesday. The stock has a fifty day moving average of $74.81 and a 200-day moving average of $71.68. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $48.13 and a fifty-two week high of $85.97. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0419 per share. This represents a $0.17 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.