Mirae Asset Global Investments Co. Ltd. Buys 6,893 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Mirae Asset Global Investments Co. Ltd. lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 251,793 shares of the company’s stock after purchasing an additional 6,893 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $18,736,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in AIRR. Wealthcare Advisory Partners LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 82.2% in the first quarter. Wealthcare Advisory Partners LLC now owns 9,440 shares of the company’s stock worth $636,000 after buying an additional 4,258 shares during the period. J.W. Cole Advisors Inc. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter worth about $210,000. Janney Montgomery Scott LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 37.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 25,679 shares of the company’s stock valued at $1,729,000 after purchasing an additional 7,034 shares during the period. Mutual Advisors LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 1st quarter valued at approximately $1,415,000. Finally, MRA Advisory Group raised its stake in First Trust RBA American Industrial Renaissance ETF by 3.0% during the 1st quarter. MRA Advisory Group now owns 91,299 shares of the company’s stock valued at $6,147,000 after purchasing an additional 2,649 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.4 %

Shares of AIRR opened at $75.84 on Friday. The business’s 50 day moving average is $73.21 and its 200 day moving average is $70.41. The company has a market capitalization of $1.82 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $46.71 and a 12-month high of $78.00.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.0419 per share. This represents a $0.17 annualized dividend and a yield of 0.22%. 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.

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.