First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Bought by Fortis Advisors LLC

Fortis Advisors LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1,091.6% during the third quarter, Holdings Channel reports. The fund owned 49,452 shares of the company’s stock after purchasing an additional 45,302 shares during the quarter. First Trust RBA American Industrial Renaissance ETF accounts for 2.4% of Fortis Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Fortis Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $3,693,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Farther Finance Advisors LLC bought a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $26,000. Carolinas Wealth Consulting LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at about $29,000. Concourse Financial Group Securities Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after purchasing an additional 348 shares during the last quarter. ORG Partners LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter worth about $194,000. Finally, Willner & Heller LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter worth about $216,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.9 %

Shares of NASDAQ AIRR opened at $82.56 on Tuesday. The stock’s 50 day moving average price is $76.27 and its two-hundred day moving average price is $72.32. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $50.19 and a 52-week high of $85.97. The stock has a market capitalization 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 company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0419 per share. This is a positive change 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 of this dividend was Thursday, September 26th.

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.