BlueChip Wealth Advisors LLC Makes New Investment in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

BlueChip Wealth Advisors LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,630 shares of the company’s stock, valued at approximately $665,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC increased 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 worth $2,244,000 after acquiring an additional 19,481 shares during the period. FMR LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 62.5% in the third quarter. FMR LLC now owns 2,705 shares of the company’s stock worth $202,000 after purchasing an additional 1,040 shares during the period. Benjamin Edwards Inc. acquired a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at about $2,455,000. JPMorgan Chase & Co. lifted its position in First Trust RBA American Industrial Renaissance ETF by 121.6% during the third quarter. JPMorgan Chase & Co. now owns 50,548 shares of the company’s stock worth $3,774,000 after purchasing an additional 27,739 shares during the period. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $267,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 2.0 %

Shares of NASDAQ:AIRR opened at $68.27 on Friday. The firm has a 50 day moving average of $74.72 and a 200-day moving average of $77.21. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $61.36 and a 12 month high of $86.95. The stock has a market capitalization of $2.99 billion, a PE ratio of 22.32 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be given a dividend of $0.075 per share. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. This represents a $0.30 annualized dividend and a yield of 0.44%. The ex-dividend date is 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.