First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Stock Position Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 69.9% during the 4th quarter, HoldingsChannel reports. The firm owned 85,884 shares of the company’s stock after buying an additional 35,336 shares during the quarter. JPMorgan Chase & Co.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $6,617,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. FMR LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 62.5% during the third quarter. FMR LLC now owns 2,705 shares of the company’s stock valued at $202,000 after buying an additional 1,040 shares in the last quarter. Morse Asset Management Inc acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth about $25,000. Jane Street Group LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 184.3% during the 3rd quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock valued at $2,244,000 after acquiring an additional 19,481 shares in the last quarter. World Investment Advisors LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.1% in the 3rd quarter. World Investment Advisors LLC now owns 8,213 shares of the company’s stock valued at $613,000 after purchasing an additional 326 shares during the period. Finally, Garden State Investment Advisory Services LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 9.0% in the third quarter. Garden State Investment Advisory Services LLC now owns 25,682 shares of the company’s stock worth $1,918,000 after purchasing an additional 2,130 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $67.21 on Friday. The stock has a market cap of $3.07 billion, a P/E ratio of 19.74 and a beta of 1.25. The firm has a 50 day simple moving average of $70.14 and a 200 day simple moving average of $76.47. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.45%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

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.