Theory Financial LLC Has $3.37 Million Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Theory Financial LLC lessened its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 29.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,204 shares of the company’s stock after selling 18,614 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for about 1.3% of Theory Financial LLC’s investment portfolio, making the stock its 24th biggest holding. Theory Financial LLC owned approximately 0.18% of First Trust RBA American Industrial Renaissance ETF worth $3,367,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $26,000. Carolinas Wealth Consulting LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth $29,000. Concourse Financial Group Securities Inc. lifted its position in First Trust RBA American Industrial Renaissance ETF by 80.4% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after acquiring an additional 348 shares during the last quarter. ORG Partners LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $194,000. Finally, Register Financial Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth $199,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $81.85 on Monday. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $50.19 and a fifty-two week high of $85.97. The firm has a fifty day moving average price of $75.97 and a two-hundred day moving average price of $72.20.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.