B. Riley Wealth Advisors Inc. Sells 8,479 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

B. Riley Wealth Advisors Inc. reduced its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 70.3% during the third quarter, Holdings Channel reports. The institutional investor owned 3,587 shares of the company’s stock after selling 8,479 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% in the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock valued at $53,000 after buying an additional 348 shares in the last quarter. Clear Creek Financial Management LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $465,000. First Heartland Consultants Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 5.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 5,941 shares of the company’s stock valued at $406,000 after purchasing an additional 295 shares during the last quarter. Signature Estate & Investment Advisors LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $2,227,000. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 97.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock worth $30,100,000 after purchasing an additional 217,241 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.6 %

Shares of NASDAQ:AIRR opened at $77.97 on Friday. The business’s 50 day moving average is $81.03 and its 200 day moving average is $74.41. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $53.29 and a 12-month high of $86.95. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.0561 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.