Level Four Advisory Services LLC Grows Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Level Four Advisory Services LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 20.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,759 shares of the company’s stock after acquiring an additional 634 shares during the quarter. Level Four Advisory Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $290,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Arvest Investments Inc. grew its position in First Trust RBA American Industrial Renaissance ETF by 0.7% during the 4th quarter. Arvest Investments Inc. now owns 29,847 shares of the company’s stock worth $2,299,000 after purchasing an additional 209 shares during the last quarter. tru Independence LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 7.9% during the fourth quarter. tru Independence LLC now owns 4,448 shares of the company’s stock worth $343,000 after buying an additional 324 shares during the period. Bleakley Financial Group LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.6% during the fourth quarter. Bleakley Financial Group LLC now owns 20,048 shares of the company’s stock valued at $1,544,000 after buying an additional 325 shares during the last quarter. World Investment Advisors LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 4.1% in the 3rd quarter. World Investment Advisors LLC now owns 8,213 shares of the company’s stock valued at $613,000 after acquiring an additional 326 shares during the period. Finally, Morse Asset Management Inc acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $25,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $68.86 on Wednesday. The stock has a 50-day moving average of $74.14 and a two-hundred day moving average of $77.31. The stock has a market cap of $3.02 billion, a P/E ratio of 22.32 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a one year low of $61.36 and a one year high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

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.