US Bancorp DE Grows Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

US Bancorp DE boosted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 12.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,310 shares of the company’s stock after acquiring an additional 6,406 shares during the quarter. US Bancorp DE owned about 0.13% of First Trust RBA American Industrial Renaissance ETF worth $4,492,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AIRR. Morse Asset Management Inc purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at approximately $25,000. Farther Finance Advisors LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at approximately $26,000. Howe & Rusling Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at approximately $40,000. Stonebridge Financial Group LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at approximately $45,000. Finally, Archer Investment Corp purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at approximately $58,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.9 %

AIRR stock opened at $70.68 on Thursday. The firm has a market cap of $3.10 billion, a P/E ratio of 20.03 and a beta of 1.25. 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’s 50 day simple moving average is $77.93 and its 200 day simple moving average is $77.45.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0561 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust RBA American Industrial Renaissance ETF 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.