Northwestern Mutual Wealth Management Co. Has $22.84 Million Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Northwestern Mutual Wealth Management Co. lowered its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 280,638 shares of the company’s stock after selling 14,844 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.54% of First Trust RBA American Industrial Renaissance ETF worth $22,844,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of AIRR. Capital Analysts LLC boosted its stake 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 worth $28,000 after acquiring an additional 142 shares during the period. Global View Capital Management LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 1.5% during the 1st quarter. Global View Capital Management LLC now owns 10,145 shares of the company’s stock valued at $692,000 after purchasing an additional 154 shares during the last quarter. Condor Capital Management boosted its position in 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 worth $287,000 after purchasing an additional 160 shares during the period. Comprehensive Financial Consultants Institutional Inc. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 6.1% during the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 3,941 shares of the company’s stock worth $321,000 after buying an additional 226 shares during the last quarter. Finally, Independent Wealth Network Inc. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.9% during the 2nd quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock worth $422,000 after buying an additional 240 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.5%

First Trust RBA American Industrial Renaissance ETF stock opened at $98.91 on Monday. The company’s 50-day moving average price is $96.80 and its two-hundred day moving average price is $89.06. The stock has a market cap of $6.08 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $101.70.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

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.