Wealth Enhancement Advisory Services LLC Raises Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Wealth Enhancement Advisory Services LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,912 shares of the company’s stock after purchasing an additional 5,405 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,937,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AIRR. Intrua Financial LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter worth approximately $1,738,000. Smith Thornton Advisors LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 0.7% during the 3rd quarter. Smith Thornton Advisors LLC now owns 24,016 shares of the company’s stock valued at $2,322,000 after buying an additional 166 shares during the period. Stegent Equity Advisors Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF by 2.1% during the 3rd quarter. Stegent Equity Advisors Inc. now owns 22,759 shares of the company’s stock valued at $2,200,000 after buying an additional 478 shares during the period. QRG Capital Management Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth $203,000. Finally, Fischer Investment Strategies LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.5% in the third quarter. Fischer Investment Strategies LLC now owns 55,771 shares of the company’s stock valued at $5,392,000 after acquiring an additional 278 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 2.1%

AIRR stock opened at $112.09 on Monday. The stock has a market capitalization of $7.64 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The firm’s 50-day moving average price is $101.95 and its two-hundred day moving average price is $96.00. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $115.80.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.0276 per share. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

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.