Aurora Private Wealth Inc. Invests $1.49 Million in First Trust RBA American Industrial Renaissance ETF $AIRR

Aurora Private Wealth Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,235 shares of the company’s stock, valued at approximately $1,486,000. First Trust RBA American Industrial Renaissance ETF comprises about 1.0% of Aurora Private Wealth Inc.’s portfolio, making the stock its 28th largest position.

A number of other large investors have also modified their holdings of AIRR. Hazlett Burt & Watson Inc. grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 200.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock worth $36,000 after acquiring an additional 240 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 107.4% during the third quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after acquiring an additional 260 shares during the last quarter. Main Street Group LTD purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $64,000. Caldwell Trust Co purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $69,000. Finally, Founders Financial Alliance LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $80,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR stock opened at $127.26 on Friday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $71.49 and a fifty-two week high of $127.80. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The stock’s 50-day simple moving average is $116.57 and its 200-day simple moving average is $108.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company 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. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, March 26th.

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.