First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Sold by RiverTree Advisors LLC

RiverTree Advisors LLC trimmed its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 40,084 shares of the company’s stock after selling 2,125 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up 2.0% of RiverTree Advisors LLC’s portfolio, making the stock its 18th biggest holding. RiverTree Advisors LLC owned 0.17% of First Trust RBA American Industrial Renaissance ETF worth $2,993,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Pinnacle Bancorp Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the first quarter worth about $27,000. Carolinas Wealth Consulting LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $29,000. Concourse Financial Group Securities Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF by 80.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after acquiring an additional 348 shares during the last quarter. ORG Partners LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $194,000. Finally, Register Financial Advisors LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $199,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.1 %

NASDAQ:AIRR traded up $0.09 on Thursday, hitting $76.29. 36,278 shares of the stock were exchanged, compared to its average volume of 165,151. The stock has a market cap of $1.80 billion, a PE ratio of 23.16 and a beta of 1.25. The stock has a fifty day moving average of $72.99 and a 200-day moving average of $70.28. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $46.71 and a fifty-two week high of $78.00.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.0419 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.22%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.