Tcfg Wealth Management LLC Lowers Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Tcfg Wealth Management LLC cut its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,733 shares of the company’s stock after selling 248 shares during the quarter. Tcfg Wealth Management LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,036,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 1st quarter valued at about $27,000. TD Capital Management LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter worth about $27,000. Capital Analysts LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% in the first quarter. Capital Analysts LLC now owns 409 shares of the company’s stock valued at $28,000 after purchasing an additional 142 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 84.0% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 460 shares of the company’s stock valued at $31,000 after purchasing an additional 210 shares during the period. Finally, Centricity Wealth Management LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter valued at approximately $33,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.3%

Shares of AIRR opened at $98.30 on Tuesday. The company has a market cap of $5.69 billion, a P/E ratio of 21.40 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $98.87. The firm’s 50 day moving average price is $91.90 and its 200 day moving average price is $81.35.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.0141 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, September 25th.

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.