Stifel Financial Corp Boosts Stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Stifel Financial Corp raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 21.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,821 shares of the company’s stock after buying an additional 18,607 shares during the period. Stifel Financial Corp owned about 0.43% of First Trust RBA American Industrial Renaissance ETF worth $7,827,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AIRR. International Assets Investment Management LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12,150.6% during the 3rd quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock worth $52,415,000 after acquiring an additional 696,231 shares during the last quarter. LPL Financial LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 48.6% during the second quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock worth $103,564,000 after purchasing an additional 495,941 shares during the last quarter. Raymond James & Associates grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 82.6% in the third quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock worth $45,797,000 after purchasing an additional 277,507 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 97.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock worth $30,100,000 after purchasing an additional 217,241 shares during the last quarter. Finally, Pictet North America Advisors SA purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter worth about $7,270,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $82.79 on Friday. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The firm has a 50-day moving average of $80.45 and a two-hundred day moving average of $74.10. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $53.29 and a 1 year high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0419 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.17 annualized dividend and a yield of 0.20%. This is a boost 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.