Global Assets Advisory LLC Sells 36,230 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Global Assets Advisory LLC cut its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 67.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,365 shares of the company’s stock after selling 36,230 shares during the period. Global Assets Advisory LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AIRR. Salomon & Ludwin LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the first quarter valued at $27,000. TD Capital Management LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter valued at about $27,000. Capital Analysts LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% during the 1st 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 last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 84.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 460 shares of the company’s stock worth $31,000 after purchasing an additional 210 shares during the period. Finally, Centricity Wealth Management LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter worth approximately $33,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.1%

Shares of NASDAQ AIRR opened at $97.06 on Monday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $98.18. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. The firm has a 50 day moving average of $91.70 and a 200 day moving average of $81.15.

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.

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.