First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Acquired by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. increased its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 133.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,656 shares of the company’s stock after buying an additional 30,113 shares during the quarter. First Trust RBA American Industrial Renaissance ETF accounts for 2.2% of Prosperity Financial Group Inc.’s portfolio, making the stock its 9th biggest holding. Prosperity Financial Group Inc. owned approximately 0.21% of First Trust RBA American Industrial Renaissance ETF worth $3,932,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AIRR. International Assets Investment Management LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12,150.6% in the 3rd quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock worth $52,415,000 after buying an additional 696,231 shares in the last quarter. LPL Financial LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 48.6% during the second quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock worth $103,564,000 after acquiring an additional 495,941 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 82.6% during the third quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock valued at $45,797,000 after acquiring an additional 277,507 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 97.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock valued at $30,100,000 after purchasing an additional 217,241 shares in the last quarter. Finally, Pictet North America Advisors SA bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter worth about $7,270,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $85.17 on Monday. The stock’s 50 day simple moving average is $77.44 and its 200 day simple moving average is $72.78. First Trust RBA American Industrial Renaissance ETF has a one year low of $50.19 and a one year high of $85.97. The firm has a market cap of $2.10 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.