J.W. Cole Advisors Inc. Sells 4,837 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

J.W. Cole Advisors Inc. trimmed its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,746 shares of the company’s stock after selling 4,837 shares during the period. J.W. Cole Advisors Inc. owned about 0.06% of First Trust RBA American Industrial Renaissance ETF worth $4,006,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AIRR. Northwestern Mutual Wealth Management Co. raised its stake 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 worth $1,041,002,000 after purchasing an additional 10,198,584 shares during the period. Bank of America Corp DE raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares during the period. BNP Paribas Financial Markets raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock worth $43,506,000 after purchasing an additional 400,000 shares during the period. UBS Group AG raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 9.9% during the 4th quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock worth $207,215,000 after purchasing an additional 189,674 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 10.3% during the 3rd quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock worth $175,663,000 after purchasing an additional 170,254 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $127.97 on Friday. The stock has a market capitalization of $10.20 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a one year low of $77.16 and a one year high of $133.50. The business’s fifty day moving average is $123.35 and its 200-day moving average is $113.37.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.