First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Position Lessened by Atlas Wealth LLC

Atlas Wealth LLC reduced its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.0% in the third quarter, HoldingsChannel reports. The firm owned 99,085 shares of the company’s stock after selling 1,984 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up approximately 3.2% of Atlas Wealth LLC’s investment portfolio, making the stock its 10th largest position. Atlas Wealth LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $7,399,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Cascade Investment Group Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 2.2% during the 2nd quarter. Cascade Investment Group Inc. now owns 9,171 shares of the company’s stock worth $626,000 after acquiring an additional 200 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 1.7% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 12,600 shares of the company’s stock worth $941,000 after purchasing an additional 211 shares in the last quarter. First Heartland Consultants Inc. grew its position in First Trust RBA American Industrial Renaissance ETF by 5.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 5,941 shares of the company’s stock worth $406,000 after purchasing an additional 295 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.1% in the third quarter. D.A. Davidson & CO. now owns 28,558 shares of the company’s stock worth $2,132,000 after buying an additional 318 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock valued at $53,000 after buying an additional 348 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $85.46 on Monday. First Trust RBA American Industrial Renaissance ETF has a one year low of $50.45 and a one year high of $86.95. The stock has a market cap of $2.10 billion, a P/E ratio of 23.16 and a beta of 1.25. The stock has a 50-day moving average of $78.65 and a two-hundred day moving average of $73.30.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.0419 per share. This represents a $0.17 annualized dividend and a yield of 0.20%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, September 26th.

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.