Altus Wealth Group LLC Has $677,000 Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Altus Wealth Group LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,312 shares of the company’s stock after acquiring an additional 375 shares during the quarter. Altus Wealth Group LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $677,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AIRR. Salomon & Ludwin LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $27,000. TD Capital Management LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at $27,000. Capital Analysts LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 53.2% in the 1st quarter. Capital Analysts LLC now owns 409 shares of the company’s stock valued at $28,000 after buying an additional 142 shares in the last quarter. North Star Investment Management Corp. acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at $41,000. Finally, Capital Investment Advisory Services LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at $49,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ AIRR opened at $95.52 on Monday. The stock’s fifty day moving average price is $93.62 and its two-hundred day moving average price is $83.07. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $99.85. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

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.