First Trust RBA American Industrial Renaissance ETF (AIRR)
| Assets | $2.56B |
| Expense Ratio | 0.70% |
| PE Ratio | 28.32 |
| Shares Out | 30.70M |
| Dividend (ttm) | $0.13 |
| Dividend Yield | 0.16% |
| Ex-Dividend Date | Sep 26, 2024 |
| Payout Ratio | 4.45% |
| 1-Year Return | +61.79% |
| Volume | 509,088 |
| Open | 83.18 |
| Previous Close | 83.18 |
| Day's Range | 81.79 - 83.18 |
| 52-Week Low | 50.19 |
| 52-Week High | 85.97 |
| Beta | 1.22 |
| Holdings | 57 |
| Inception Date | Mar 10, 2014 |
About AIRR
Fund Home PageThe First Trust RBA American Industrial Renaissance 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 issued by First Trust.
Top 10 Holdings
31.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Mueller Industries, Inc. | MLI | 3.43% |
| Granite Construction Incorporated | GVA | 3.27% |
| AAON, Inc. | AAON | 3.27% |
| Applied Industrial Technologies, Inc. | AIT | 3.25% |
| EMCOR Group, Inc. | EME | 3.11% |
| RBC Bearings Incorporated | RBC | 3.11% |
| MDU Resources Group, Inc. | MDU | 3.01% |
| Zurn Elkay Water Solutions Corporation | ZWS | 2.95% |
| BWX Technologies, Inc. | BWXT | 2.93% |
| Kirby Corporation | KEX | 2.91% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 26, 2024 | $0.042 | Sep 30, 2024 |
| Jun 27, 2024 | $0.033 | Jun 28, 2024 |
| Mar 21, 2024 | $0.010 | Mar 28, 2024 |
| Dec 22, 2023 | $0.045 | Dec 29, 2023 |
| Sep 22, 2023 | $0.019 | Sep 29, 2023 |
| Jun 27, 2023 | $0.041 | Jun 30, 2023 |
News
AIRR: Capitalizing On Rate Cuts And Industrial Sector Strength
First Trust RBA Amer Industrial Renaissance ETF has shown strong double-digit gains, driven by rate cuts and favorable seasonality, with continued upward momentum expected. The ETF focuses on small- a...
AIRR: Industrial ETF Beating Competitors
First Trust RBA American Industrial RenaissanceTM ETF focuses on small industrial companies whose sales are at least 75% in the U.S. It also invests about 10% of assets in community banks. Compared to...
AIRR: An Industrials Fund That's Working Very Well
First Trust RBA American Industrial Renaissance ETF tracks an index that identifies companies benefiting from the U.S. manufacturing renaissance.
AIRR: A Thematic ETF With Meaning And Results
First Trust RBA American Industrial Renaissance ETF is invested in small-cap companies of the industrial and banking sectors. The fund has a thematic strategy focused on the traditional domestic econo...
AIRR ETF: Missing Exposure To Global Stocks Is A Headwind Into 2024
AIRR invests in small and mid-cap U.S. industrial sector companies, primarily serving the domestic market. The fund has impressively outperformed industrial sector benchmarks, in recent years. The fun...
AIRR: Solid Industrial-Financial Mix, But Value, Quality Require Caution
AIRR is a solid ETF to target the U.S. industrial revival investment theme via small- and mid-cap stocks. AIRR has a portfolio of 49 equities, with about 9.2% of the net assets allocated to 18 stocks ...
Empire State Manufacturing Survey: Activity Declined In October
The Empire State Manufacturing Index rates a level above 0.0 indicates improving conditions, below indicates worsening conditions. Since this survey only goes back to July of 2001, we only have two co...
September S&P Global U.S. Manufacturing PMI: Slowing Improvement
The September S&P Global US Manufacturing PMI came in at 52.0, up 0.5 from the final August figure. The brightest signs of life are coming from the domestic market, with producers of both consumer goo...
Dallas Fed Manufacturing Growth Up In September, But Demand Down
The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for September. The latest general business activity index came in at -17.2, down 4.3 from last month.
Industry Outlook 2022: Bracing For The Energy Impact
The manufacturing sector continues to be plagued by supply chain problems while demand is weakening. A post-pandemic reshuffle is in the making, with demand weakening and supply becoming less disrupte...
April ISM Manufacturing Index: Demand Up, Supply Chain Issues Remain
The latest headline Purchasing Managers' Index was 55.4, a decrease of 1.7 from 57.1 the previous month and in expansion territory. Today's headline number was below the Investing.com forecast of 57.6...
Manufacturing Sector Demand Remains Strong Amid Early Signs Of Supply Chain Improvement
The Institute for Supply Management's Manufacturing Purchasing Managers' Index fell to 58.7 in December, off 2.4 points from 61.1 percent in November. Demand measures remained strong overall despite a...
Demand Remained Strong For The Manufacturing Sector In October
The Institute for Supply Management's Manufacturing Purchasing Managers' Index fell to 60.8 in October, off 0.3 points from 61.1 percent in September. October is the 17th consecutive reading above the...
Vehicle & Parts Production Plunged To Lowest Since Lockdown; Oil & Gas Has New Script
Industrial production – manufacturing output, oil-and-gas extraction, mining, and gas and electric utilities – fell 1.3% in September from August, pushed down by production of motor vehicles and parts...
3 Reasons We're Overweight Industrials
The confluence of the strong economic cycle and what we expect will be a step up in capital investment spending suggests a portfolio focus on industrials. We believe favorable market structures exist ...
Record Supply Delays Lead To Highest Manufacturing Price Rise Since 2008
US manufacturers reported the biggest boom in at least 14 years during April, but supply constraints at a time of surging demand are causing prices to also rise at the steepest rate for over a decade,...
Industrials Sector: Solid Core Businesses And Impressive Brand Recognition
Since many industrials are old companies, you can often pick a business that has survived the last three recessions and kept its dividend alive as well. The most significant problem with industrials i...
Best Industrial ETFs for Q2 2021
The best industrial ETFs for Q2 2021 are HAIL, PRN, and AIRR.
Industrial Opportunities In 10/19 Select List
Topping this week's list: SPDR S&P Transportation ETF.
