TradeWell Securities LLC. Has $6.10 Million Position in First Trust RBA American Industrial Renaissance ETF $AIRR

TradeWell Securities LLC. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 10.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 62,035 shares of the company’s stock after buying an additional 5,944 shares during the quarter. First Trust RBA American Industrial Renaissance ETF comprises approximately 1.0% of TradeWell Securities LLC.’s investment portfolio, making the stock its 11th largest holding. TradeWell Securities LLC.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $6,099,000 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 the stock. Perissos Private Wealth Management LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 10.2% during the 4th quarter. Perissos Private Wealth Management LLC now owns 11,360 shares of the company’s stock worth $1,117,000 after buying an additional 1,056 shares during the period. Bleakley Financial Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 4.3% during the 4th quarter. Bleakley Financial Group LLC now owns 12,305 shares of the company’s stock worth $1,210,000 after buying an additional 510 shares during the period. Kestra Investment Management LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 30.2% during the 4th quarter. Kestra Investment Management LLC now owns 2,855 shares of the company’s stock worth $281,000 after buying an additional 663 shares during the period. Harbour Investments Inc. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 5.0% during the 4th quarter. Harbour Investments Inc. now owns 217,797 shares of the company’s stock worth $21,414,000 after buying an additional 10,445 shares during the period. Finally, Global Assets Advisory LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 5.9% during the 4th quarter. Global Assets Advisory LLC now owns 18,578 shares of the company’s stock worth $1,827,000 after buying an additional 1,030 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.9%

Shares of AIRR opened at $129.43 on Thursday. The company has a market capitalization of $10.32 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $75.18 and a 12 month high of $133.50. The stock’s 50-day moving average price is $120.81 and its two-hundred day moving average price is $111.89.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0668 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.