First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Sets New 52-Week High at $67.82

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $67.82 and last traded at $67.75, with a volume of 16658 shares. The stock had previously closed at $66.38.

First Trust RBA American Industrial Renaissance ETF Stock Performance

The firm has a market capitalization of $970.28 million, a price-to-earnings ratio of 23.16 and a beta of 1.29. The company’s fifty day moving average price is $64.69 and its 200 day moving average price is $58.07.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.0096 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.06%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Investors Weigh In On First Trust RBA American Industrial Renaissance ETF

Hedge funds have recently added to or reduced their stakes in the stock. Pinnacle Bancorp Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth about $27,000. Signaturefd LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter valued at approximately $28,000. Principal Securities Inc. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth approximately $39,000. Concourse Financial Group Securities Inc. grew its holdings in First Trust RBA American Industrial Renaissance ETF by 46.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 814 shares of the company’s stock worth $42,000 after buying an additional 260 shares in the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at approximately $210,000.

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.