Kingswood Wealth Advisors LLC Sells 2,430 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Kingswood Wealth Advisors LLC decreased its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 32.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,034 shares of the company’s stock after selling 2,430 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $410,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Capital Analysts LLC raised its holdings in 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 worth $28,000 after purchasing an additional 142 shares in the last quarter. Global View Capital Management LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.5% during the first quarter. Global View Capital Management LLC now owns 10,145 shares of the company’s stock valued at $692,000 after acquiring an additional 154 shares in the last quarter. Condor Capital Management increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.9% during the first quarter. Condor Capital Management now owns 4,213 shares of the company’s stock valued at $287,000 after acquiring an additional 160 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 6.1% during the second quarter. Comprehensive Financial Consultants Institutional Inc. now owns 3,941 shares of the company’s stock valued at $321,000 after acquiring an additional 226 shares in the last quarter. Finally, Independent Wealth Network Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.9% during the second quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock valued at $422,000 after acquiring an additional 240 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $94.09 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $99.85. The business has a fifty day moving average price of $92.73 and a 200-day moving average price of $81.92. The company has a market capitalization of $5.50 billion, a PE ratio of 21.40 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

First Trust RBA American Industrial Renaissance ETF Company 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.