Parcion Private Wealth LLC Has $60.22 Million Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Parcion Private Wealth LLC reduced its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 622,862 shares of the company’s stock after selling 30,888 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up approximately 3.8% of Parcion Private Wealth LLC’s investment portfolio, making the stock its 5th largest position. Parcion Private Wealth LLC owned approximately 1.06% of First Trust RBA American Industrial Renaissance ETF worth $60,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Capital Analysts LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 53.2% in the 1st quarter. Capital Analysts LLC now owns 409 shares of the company’s stock worth $28,000 after acquiring an additional 142 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 69.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 295,482 shares of the company’s stock valued at $20,155,000 after acquiring an additional 120,764 shares in the last quarter. Synovus Financial Corp purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter valued at approximately $541,000. Comerica Bank grew its stake in First Trust RBA American Industrial Renaissance ETF by 8.3% in the first quarter. Comerica Bank now owns 27,681 shares of the company’s stock worth $1,888,000 after purchasing an additional 2,112 shares in the last quarter. Finally, Quadcap Wealth Management LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 9.6% during the 1st quarter. Quadcap Wealth Management LLC now owns 50,362 shares of the company’s stock worth $3,435,000 after purchasing an additional 4,428 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.8%

Shares of NASDAQ AIRR opened at $101.70 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $103.60. The firm has a market cap of $6.25 billion, a PE ratio of 21.40 and a beta of 1.29. The business has a fifty day simple moving average of $97.83 and a two-hundred day simple moving average of $91.62.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a $0.0276 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Friday, December 12th.

First Trust RBA American Industrial Renaissance ETF 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.