First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Holdings Lifted by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.0% during the third quarter, Holdings Channel reports. The firm owned 25,682 shares of the company’s stock after purchasing an additional 2,130 shares during the period. Garden State Investment Advisory Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,918,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AIRR. LPL Financial LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 22.7% during the third quarter. LPL Financial LLC now owns 1,859,927 shares of the company’s stock valued at $138,881,000 after acquiring an additional 343,844 shares during the period. International Assets Investment Management LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 12,150.6% in the third quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock valued at $52,415,000 after purchasing an additional 696,231 shares in the last quarter. Raymond James & Associates increased its position in First Trust RBA American Industrial Renaissance ETF by 82.6% in the 3rd quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock worth $45,797,000 after purchasing an additional 277,507 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 97.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock worth $30,100,000 after purchasing an additional 217,241 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,793 shares of the company’s stock valued at $18,736,000 after buying an additional 6,893 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ:AIRR traded down $0.42 during mid-day trading on Friday, reaching $82.37. The stock had a trading volume of 82,439 shares, compared to its average volume of 224,160. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $53.29 and a fifty-two week high of $86.95. The business’s 50 day moving average is $80.45 and its 200 day moving average is $74.10. The stock has a market cap of $2.03 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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