First Trust RBA American Industrial Renaissance ETF $AIRR Shares Purchased by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. grew its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 75.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 97,101 shares of the company’s stock after purchasing an additional 41,656 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up approximately 1.9% of Riggs Asset Managment Co. Inc.’s holdings, making the stock its 12th biggest position. Riggs Asset Managment Co. Inc. owned 0.14% of First Trust RBA American Industrial Renaissance ETF worth $9,547,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after buying an additional 1,036,237 shares in the last quarter. BNP Paribas Financial Markets raised its stake in 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 valued at $43,506,000 after acquiring an additional 400,000 shares in the last quarter. Raymond James Financial Inc. boosted its position in 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 acquiring an additional 170,254 shares during the period. UBS Group AG boosted its position in First Trust RBA American Industrial Renaissance ETF by 7.9% during the 3rd quarter. UBS Group AG now owns 1,917,883 shares of the company’s stock worth $185,421,000 after acquiring an additional 140,507 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $13,554,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ:AIRR opened at $125.43 on Friday. The stock has a market cap of $9.82 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $67.75 and a 1 year high of $126.45. The business has a fifty 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 business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given 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 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.