Independent Wealth Network Inc. Boosts Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Independent Wealth Network Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 40.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,025 shares of the company’s stock after acquiring an additional 1,724 shares during the period. Independent Wealth Network Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $464,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 184.3% in the 3rd quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock valued at $2,244,000 after purchasing an additional 19,481 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $26,000. Janney Montgomery Scott LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 6.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 36,744 shares of the company’s stock valued at $2,744,000 after purchasing an additional 2,090 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF by 157.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,014 shares of the company’s stock valued at $150,000 after purchasing an additional 1,233 shares in the last quarter. Finally, FMR LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 62.5% in the 3rd quarter. FMR LLC now owns 2,705 shares of the company’s stock valued at $202,000 after purchasing an additional 1,040 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $84.16 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $54.47 and a 1-year high of $86.95. The company has a market capitalization of $3.44 billion, a P/E ratio of 23.16 and a beta of 1.25. The business has a 50 day moving average price of $81.31 and a 200 day moving average price of $76.09.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.0561 per share. The ex-dividend date was Friday, December 13th.

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.