Farther Finance Advisors LLC Takes $26,000 Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Farther Finance Advisors LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 350 shares of the company’s stock, valued at approximately $26,000.

A number of other large investors also recently made changes to their positions in AIRR. International Assets Investment Management LLC lifted its stake 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 valued at $52,415,000 after purchasing an additional 696,231 shares during the period. LPL Financial LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 48.6% during the 2nd quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock worth $103,564,000 after buying an additional 495,941 shares during the period. Raymond James & Associates raised its stake in First Trust RBA American Industrial Renaissance ETF by 82.6% during the 3rd quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock worth $45,797,000 after buying an additional 277,507 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in 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 buying an additional 217,241 shares during the period. Finally, Pictet North America Advisors SA acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth $7,270,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.8 %

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $81.85 on Friday. The company has a market capitalization of $2.01 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $50.19 and a 12 month high of $85.97. The stock’s fifty day simple moving average is $75.97 and its 200 day simple moving average is $72.09.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued 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 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.