Private Advisor Group LLC Sells 17,438 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Private Advisor Group LLC lessened its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 21.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,945 shares of the company’s stock after selling 17,438 shares during the period. Private Advisor Group LLC owned about 0.28% of First Trust RBA American Industrial Renaissance ETF worth $4,849,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Pictet North America Advisors SA raised its holdings in First Trust RBA American Industrial Renaissance ETF by 56.1% during the third quarter. Pictet North America Advisors SA now owns 166,166 shares of the company’s stock worth $12,408,000 after acquiring an additional 59,746 shares in the last quarter. Cedrus LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF by 26.3% during the third quarter. Cedrus LLC now owns 8,087 shares of the company’s stock worth $604,000 after acquiring an additional 1,685 shares in the last quarter. Raymond James & Associates increased its position in First Trust RBA American Industrial Renaissance ETF by 82.6% during the third quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock worth $45,797,000 after buying an additional 277,507 shares during the last quarter. Bleakley Financial Group LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the third quarter worth approximately $1,473,000. Finally, Good Life Advisors LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 28.3% during the third quarter. Good Life Advisors LLC now owns 14,375 shares of the company’s stock worth $1,073,000 after buying an additional 3,175 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.4 %

Shares of NASDAQ AIRR opened at $75.84 on Friday. The business’s 50 day moving average price is $73.21 and its two-hundred day moving average price is $70.41. The company has a market cap of $1.82 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $46.71 and a twelve month high of $78.00.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.