ORG Partners LLC Has $778,000 Stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

ORG Partners LLC cut its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 65.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,410 shares of the company’s stock after selling 21,750 shares during the quarter. ORG Partners LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $778,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of AIRR. Bank of America Corp DE boosted its position in First Trust RBA American Industrial Renaissance ETF by 136.1% during the fourth quarter. Bank of America Corp DE now owns 3,533,091 shares of the company’s stock valued at $272,189,000 after acquiring an additional 2,036,464 shares during the last quarter. LPL Financial LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 42.7% during the 4th quarter. LPL Financial LLC now owns 2,654,421 shares of the company’s stock valued at $204,497,000 after purchasing an additional 794,494 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at about $137,940,000. Wells Fargo & Company MN acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth approximately $69,810,000. Finally, Royal Bank of Canada grew its stake in First Trust RBA American Industrial Renaissance ETF by 44.1% during the fourth quarter. Royal Bank of Canada now owns 621,498 shares of the company’s stock worth $47,880,000 after purchasing an additional 190,251 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $77.93 on Friday. The firm has a market cap of $3.51 billion, a PE ratio of 21.06 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $86.95. The business’s 50 day moving average price is $74.14 and its two-hundred day moving average price is $75.09.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.075 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.38%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

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.