B. Riley Wealth Advisors Inc. Boosts Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

B. Riley Wealth Advisors Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 11.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 12,315 shares of the company’s stock after purchasing an additional 1,259 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $829,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AIRR. Global Retirement Partners LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 1,580.6% in the 4th quarter. Global Retirement Partners LLC now owns 4,067 shares of the company’s stock worth $221,000 after purchasing an additional 3,825 shares during the period. Capital Wealth Alliance LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 18.7% during the 4th quarter. Capital Wealth Alliance LLC now owns 19,599 shares of the company’s stock worth $1,134,000 after acquiring an additional 3,093 shares during the last quarter. Arvest Investments Inc. purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at $1,741,000. International Assets Investment Management LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 5,949.1% in the fourth quarter. International Assets Investment Management LLC now owns 337,479 shares of the company’s stock worth $19,520,000 after buying an additional 331,900 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 238.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 81,200 shares of the company’s stock valued at $4,727,000 after acquiring an additional 57,200 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $71.83 on Friday. The stock’s 50-day moving average is $70.45 and its 200 day moving average is $65.58. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $46.71 and a 1-year high of $75.92. The company has a market cap of $1.37 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.0333 dividend. This represents a $0.13 annualized dividend and a dividend yield of 0.19%. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust RBA American Industrial Renaissance ETF Company 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.