Rooted Wealth Advisors Inc. Has $2.88 Million Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Rooted Wealth Advisors Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 22.9% during the fourth quarter, HoldingsChannel reports. The fund owned 29,322 shares of the company’s stock after purchasing an additional 5,472 shares during the quarter. First Trust RBA American Industrial Renaissance ETF comprises approximately 0.8% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 28th biggest position. Rooted Wealth Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,883,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Hazlett Burt & Watson Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 200.0% in 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. Park Square Financial Group LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $47,000. CIBC Private Wealth Group LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 107.4% in the third 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 in the third quarter worth $64,000. Finally, Caldwell Trust Co bought a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $69,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $125.06 on Monday. The stock has a market capitalization of $9.97 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $74.09 and a 1 year high of $133.50. The firm has a fifty day moving average price of $119.72 and a 200 day moving average price of $111.26.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0668 dividend. This is a boost 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 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.