Howe & Rusling Inc. Invests $40,000 in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Howe & Rusling Inc. purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 541 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Kestra Advisory Services LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 0.5% during the 1st quarter. Kestra Advisory Services LLC now owns 269,572 shares of the company’s stock worth $18,150,000 after acquiring an additional 1,434 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 11.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 12,315 shares of the company’s stock valued at $829,000 after buying an additional 1,259 shares during the last quarter. Comerica Bank increased its position in First Trust RBA American Industrial Renaissance ETF by 3.8% during the 1st quarter. Comerica Bank now owns 20,234 shares of the company’s stock valued at $1,362,000 after purchasing an additional 746 shares during the period. Jaffetilchin Investment Partners LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF by 446.5% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 84,901 shares of the company’s stock worth $5,716,000 after purchasing an additional 69,365 shares during the last quarter. Finally, Independent Wealth Network Inc. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth approximately $247,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.6 %

AIRR stock opened at $82.69 on Thursday. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The company’s fifty day simple moving average is $76.86 and its 200 day simple moving average is $72.51. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $50.19 and a 12-month high of $85.97.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.