Cascade Investment Group Inc. Grows Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Cascade Investment Group Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,171 shares of the company’s stock after buying an additional 200 shares during the period. Cascade Investment Group Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $626,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Pinnacle Bancorp Inc. purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth about $27,000. Principal Securities Inc. purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at about $39,000. Register Financial Advisors LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $199,000. Accel Wealth Management purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $204,000. Finally, J.W. Cole Advisors Inc. purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 1st quarter valued at about $210,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR traded up $0.20 during trading hours on Wednesday, reaching $68.96. 258,753 shares of the company’s stock traded hands, compared to its average volume of 152,260. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $46.71 and a 52-week high of $75.92. The firm has a market cap of $1.35 billion, a PE ratio of 23.16 and a beta of 1.25. The firm has a 50-day simple moving average of $69.79 and a 200 day simple moving average of $66.54.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.0333 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.13 dividend on an annualized basis and a yield of 0.19%.

About First Trust RBA American Industrial Renaissance ETF

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.