Valley Wealth Managers Inc. Has $3.13 Million Stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Valley Wealth Managers Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 159.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 41,924 shares of the company’s stock after buying an additional 25,737 shares during the period. Valley Wealth Managers Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $3,130,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Signature Estate & Investment Advisors LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 4.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 34,107 shares of the company’s stock worth $2,547,000 after purchasing an additional 1,509 shares in the last quarter. Aptus Capital Advisors LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 91.7% during the third quarter. Aptus Capital Advisors LLC now owns 9,503 shares of the company’s stock worth $710,000 after acquiring an additional 4,546 shares during the last quarter. First Heartland Consultants Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 51.4% during the third quarter. First Heartland Consultants Inc. now owns 8,992 shares of the company’s stock worth $671,000 after acquiring an additional 3,051 shares during the last quarter. Harbour Investments Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 5.2% during the third quarter. Harbour Investments Inc. now owns 121,929 shares of the company’s stock worth $9,104,000 after acquiring an additional 6,079 shares during the last quarter. Finally, Fountainhead AM LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $345,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.3 %

NASDAQ AIRR traded down $0.27 on Friday, reaching $82.20. The company had a trading volume of 132,698 shares, compared to its average volume of 195,630. The stock’s 50 day moving average is $75.68 and its 200-day moving average is $71.97. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $50.19 and a 52 week high of $85.97.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.0419 dividend. This represents a $0.17 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.