Stephens Inc. AR Increases Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Stephens Inc. AR raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 19,383 shares of the company’s stock after purchasing an additional 515 shares during the period. Stephens Inc. AR’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,578,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Capital Analysts LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 53.2% during the first quarter. Capital Analysts LLC now owns 409 shares of the company’s stock valued at $28,000 after buying an additional 142 shares during the period. Global View Capital Management LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 1.5% in the 1st quarter. Global View Capital Management LLC now owns 10,145 shares of the company’s stock worth $692,000 after purchasing an additional 154 shares in the last quarter. Condor Capital Management boosted its stake in First Trust RBA American Industrial Renaissance ETF by 3.9% in the 1st quarter. Condor Capital Management now owns 4,213 shares of the company’s stock worth $287,000 after purchasing an additional 160 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 6.1% in the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 3,941 shares of the company’s stock worth $321,000 after purchasing an additional 226 shares in the last quarter. Finally, Independent Wealth Network Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 4.9% in the 2nd quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock worth $422,000 after purchasing an additional 240 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $97.02 on Friday. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. The firm’s 50-day moving average is $94.12 and its 200 day moving average is $83.74. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $99.85.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.0141 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.06 dividend on an annualized basis 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.