N.E.W. Advisory Services LLC Acquires 84,702 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

N.E.W. Advisory Services LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 584.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,184 shares of the company’s stock after purchasing an additional 84,702 shares during the quarter. First Trust RBA American Industrial Renaissance ETF accounts for 0.7% of N.E.W. Advisory Services LLC’s holdings, making the stock its 29th biggest position. N.E.W. Advisory Services LLC owned approximately 0.14% of First Trust RBA American Industrial Renaissance ETF worth $9,752,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Hazlett Burt & Watson Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF by 200.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock worth $36,000 after purchasing an additional 240 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 107.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after purchasing an additional 260 shares in the last quarter. Main Street Group LTD bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $64,000. Founders Financial Alliance LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $80,000. Finally, Sound Income Strategies LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $82,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.2%

Shares of AIRR opened at $125.43 on Friday. The stock has a market capitalization of $9.82 billion, a P/E ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $67.75 and a twelve month high of $126.45. The company has a 50 day moving average of $116.06 and a 200-day moving average of $107.23.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

About First Trust RBA American Industrial Renaissance ETF

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.