Gentry Private Wealth LLC Has $442,000 Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Gentry Private Wealth LLC reduced its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 11.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,917 shares of the company’s stock after selling 748 shares during the period. Gentry Private Wealth LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $26,000. Raymond James & Associates boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 7.6% in the 2nd quarter. Raymond James & Associates now owns 335,824 shares of the company’s stock valued at $22,940,000 after purchasing an additional 23,754 shares in the last quarter. Prudential PLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $2,732,000. Janney Montgomery Scott LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 6.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 36,744 shares of the company’s stock worth $2,744,000 after buying an additional 2,090 shares during the period. Finally, Comerica Bank boosted its position in First Trust RBA American Industrial Renaissance ETF by 3.8% during the 1st quarter. Comerica Bank now owns 20,234 shares of the company’s stock worth $1,362,000 after buying an additional 746 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ:AIRR opened at $85.17 on Friday. The firm’s 50 day simple moving average is $77.44 and its 200 day simple moving average is $72.75. First Trust RBA American Industrial Renaissance ETF has a one year low of $50.19 and a one year high of $85.97. The company has a market cap of $2.10 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0419 per share. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a yield of 0.20%.

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.