J.W. Cole Advisors Inc. Acquires 49,577 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

J.W. Cole Advisors Inc. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1,243.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,565 shares of the company’s stock after purchasing an additional 49,577 shares during the period. J.W. Cole Advisors Inc. owned about 0.10% of First Trust RBA American Industrial Renaissance ETF worth $4,360,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada raised its position in First Trust RBA American Industrial Renaissance ETF by 29.1% in the first quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock worth $54,710,000 after acquiring an additional 180,581 shares during the period. Parcion Private Wealth LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 53.8% during the 2nd quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock worth $53,215,000 after purchasing an additional 228,754 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 21.5% in the 1st quarter. Kestra Advisory Services LLC now owns 489,553 shares of the company’s stock worth $33,392,000 after purchasing an additional 86,675 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 48.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 406,770 shares of the company’s stock worth $27,746,000 after purchasing an additional 132,678 shares during the period. Finally, HighTower Advisors LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 31.9% in the first quarter. HighTower Advisors LLC now owns 310,500 shares of the company’s stock valued at $21,179,000 after purchasing an additional 75,114 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.1%

Shares of NASDAQ AIRR opened at $98.45 on Thursday. The stock has a fifty day simple moving average of $96.66 and a two-hundred day simple moving average of $88.67. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $101.70. The firm has a market cap of $6.05 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.0141 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.06 annualized dividend and a yield of 0.1%.

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.