Global Assets Advisory LLC Takes Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Global Assets Advisory LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 18,047 shares of the company’s stock, valued at approximately $1,337,000.

A number of other large investors have also recently modified their holdings of AIRR. Pinnacle Bancorp Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF during the first quarter worth about $27,000. Carolinas Wealth Consulting LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $29,000. Concourse Financial Group Securities Inc. boosted its stake in 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 acquiring an additional 348 shares in the last quarter. ORG Partners LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $194,000. Finally, Register Financial Advisors LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $199,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ:AIRR opened at $76.20 on Thursday. First Trust RBA American Industrial Renaissance ETF has a one year low of $46.71 and a one year high of $78.00. The company’s 50-day simple moving average is $72.99 and its 200 day simple moving average is $70.28. The firm has a market capitalization of $1.80 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.0419 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.17 annualized dividend and a yield of 0.22%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.