Jaffetilchin Investment Partners LLC Increases Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Jaffetilchin Investment Partners LLC boosted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,996 shares of the company’s stock after buying an additional 2,825 shares during the quarter. Jaffetilchin Investment Partners LLC owned approximately 0.18% of First Trust RBA American Industrial Renaissance ETF worth $6,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Morse Asset Management Inc bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth approximately $25,000. Stonebridge Financial Group LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $45,000. SBI Securities Co. Ltd. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $53,000. Archer Investment Corp purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at about $58,000. Finally, Private Trust Co. NA grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% during the fourth quarter. Private Trust Co. NA now owns 900 shares of the company’s stock valued at $69,000 after buying an additional 800 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.4 %

NASDAQ AIRR opened at $65.92 on Friday. The firm has a market cap of $3.01 billion, a PE ratio of 19.74 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $86.95. The stock has a 50-day moving average of $71.38 and a 200-day moving average of $76.73.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.075 dividend. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. This represents a $0.30 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend 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.