RFG Advisory LLC Sells 2,623 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

RFG Advisory LLC lowered its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,196 shares of the company’s stock after selling 2,623 shares during the period. RFG Advisory LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $3,429,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Global Retirement Partners LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 3.9% in the first quarter. Global Retirement Partners LLC now owns 4,224 shares of the company’s stock valued at $284,000 after buying an additional 157 shares in the last quarter. International Assets Investment Management LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 4.6% in the fourth quarter. International Assets Investment Management LLC now owns 5,835 shares of the company’s stock valued at $337,000 after buying an additional 256 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 2.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,521 shares of the company’s stock valued at $609,000 after buying an additional 275 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 4.3% in the first quarter. Atomi Financial Group Inc. now owns 8,615 shares of the company’s stock valued at $580,000 after buying an additional 353 shares in the last quarter. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter valued at about $27,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.7 %

Shares of AIRR stock traded down $0.50 during mid-day trading on Monday, reaching $67.90. 120,309 shares of the stock traded hands, compared to its average volume of 151,474. The stock’s fifty day simple moving average is $69.88 and its two-hundred day simple moving average is $66.34. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $46.71 and a 1-year high of $75.92. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.0333 per share. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.20%. The ex-dividend date was Thursday, June 27th.

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.