D. E. Shaw & Co. Inc. Buys 30,597 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

D. E. Shaw & Co. Inc. grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 672.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,149 shares of the company’s stock after acquiring an additional 30,597 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.08% of First Trust RBA American Industrial Renaissance ETF worth $2,708,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Arvest Investments Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 0.7% in the 4th quarter. Arvest Investments Inc. now owns 29,847 shares of the company’s stock worth $2,299,000 after buying an additional 209 shares in the last quarter. tru Independence LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 7.9% in the 4th quarter. tru Independence LLC now owns 4,448 shares of the company’s stock worth $343,000 after buying an additional 324 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 1.6% in the 4th quarter. Bleakley Financial Group LLC now owns 20,048 shares of the company’s stock worth $1,544,000 after buying an additional 325 shares in the last quarter. AlphaMark Advisors LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 30.4% in the 4th quarter. AlphaMark Advisors LLC now owns 1,500 shares of the company’s stock worth $116,000 after buying an additional 350 shares in the last quarter. Finally, Hanover Advisors Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 3.4% in the 4th quarter. Hanover Advisors Inc. now owns 10,724 shares of the company’s stock worth $826,000 after buying an additional 353 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ AIRR opened at $77.65 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $86.95. The stock has a 50-day moving average of $69.74 and a 200 day moving average of $75.93. The company has a market capitalization of $3.53 billion, a price-to-earnings ratio of 21.06 and a beta of 1.26.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.39%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, March 27th.

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.