IFG Advisory LLC Trims Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

IFG Advisory LLC trimmed its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 72.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,479 shares of the company’s stock after selling 39,880 shares during the period. IFG Advisory LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Guerra Pan Advisors LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 7.4% in the 2nd quarter. Guerra Pan Advisors LLC now owns 13,429 shares of the company’s stock valued at $1,093,000 after purchasing an additional 923 shares in the last quarter. Bank of Montreal Can purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter worth about $100,000. Rockefeller Capital Management L.P. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 19.7% in the second quarter. Rockefeller Capital Management L.P. now owns 107,412 shares of the company’s stock worth $8,743,000 after buying an additional 17,647 shares in the last quarter. JBR Co Financial Management Inc boosted its position in First Trust RBA American Industrial Renaissance ETF by 19.3% during the third quarter. JBR Co Financial Management Inc now owns 31,806 shares of the company’s stock worth $3,075,000 after acquiring an additional 5,154 shares during the last quarter. Finally, Sage Private Wealth Group LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 16.6% during the third quarter. Sage Private Wealth Group LLC now owns 194,528 shares of the company’s stock worth $18,807,000 after acquiring an additional 27,725 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 2.7%

NASDAQ AIRR opened at $110.41 on Friday. The business’s fifty day simple moving average is $113.01 and its 200-day simple moving average is $102.08. The firm has a market cap of $7.69 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $123.54.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.