97,377 Shares in First Trust RBA American Industrial Renaissance ETF $AIRR Purchased by Rockport Wealth LLC

Rockport Wealth LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 97,377 shares of the company’s stock, valued at approximately $9,574,000. First Trust RBA American Industrial Renaissance ETF makes up 1.9% of Rockport Wealth LLC’s investment portfolio, making the stock its 14th biggest position. Rockport Wealth LLC owned approximately 0.14% of First Trust RBA American Industrial Renaissance ETF at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after acquiring an additional 10,198,584 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% in the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% in the third quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock valued at $43,506,000 after purchasing an additional 400,000 shares in the last quarter. UBS Group AG grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 9.9% in the fourth quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock valued at $207,215,000 after purchasing an additional 189,674 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 10.3% in the third quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock valued at $175,663,000 after purchasing an additional 170,254 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $124.99 on Tuesday. The firm has a fifty day moving average price of $118.73 and a 200 day moving average price of $110.57. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $74.09 and a fifty-two week high of $133.50. The firm has a market cap of $9.96 billion, a PE ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0668 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 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.