First Trust RBA American Industrial Renaissance ETF $AIRR Shares Sold by World Equity Group Inc.

World Equity Group Inc. reduced its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 93.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,490 shares of the company’s stock after selling 33,936 shares during the period. World Equity Group Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $245,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Willner & Heller LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 15.4% in the fourth quarter. Willner & Heller LLC now owns 6,028 shares of the company’s stock valued at $593,000 after buying an additional 803 shares during the last quarter. DAVENPORT & Co LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 52.5% in the 4th quarter. DAVENPORT & Co LLC now owns 4,016 shares of the company’s stock valued at $395,000 after acquiring an additional 1,382 shares during the period. Daymark Wealth Partners LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 19.5% during the 4th quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock valued at $7,313,000 after acquiring an additional 12,127 shares during the last quarter. First Heartland Consultants Inc. raised its stake in First Trust RBA American Industrial Renaissance ETF by 5.0% during the 4th quarter. First Heartland Consultants Inc. now owns 25,269 shares of the company’s stock valued at $2,484,000 after acquiring an additional 1,208 shares during the last quarter. Finally, Elmwood Wealth Management Inc. lifted its position in First Trust RBA American Industrial Renaissance ETF by 2.1% during the 4th quarter. Elmwood Wealth Management Inc. now owns 58,203 shares of the company’s stock worth $5,723,000 after acquiring an additional 1,213 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 4.0%

Shares of AIRR stock opened at $109.02 on Friday. The company has a market capitalization of $7.59 billion, a P/E ratio of 21.40 and a beta of 1.29. The business’s 50 day moving average is $114.72 and its two-hundred day moving average is $103.98. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $123.54.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be given a $0.0668 dividend. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date is Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%.

First Trust RBA American Industrial Renaissance ETF 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.