Capital Wealth Alliance LLC Has $1.15 Million Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Capital Wealth Alliance LLC cut its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 19.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,394 shares of the company’s stock after selling 3,790 shares during the period. Capital Wealth Alliance LLC owned approximately 0.06% of First Trust RBA American Industrial Renaissance ETF worth $1,149,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 6.0% during the third quarter. Janney Montgomery Scott LLC now owns 36,744 shares of the company’s stock worth $2,744,000 after purchasing an additional 2,090 shares during the period. Clear Creek Financial Management LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 52.5% during the 3rd quarter. Clear Creek Financial Management LLC now owns 10,382 shares of the company’s stock worth $775,000 after buying an additional 3,572 shares during the period. Farther Finance Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $26,000. US Bancorp DE grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 27.5% in the third quarter. US Bancorp DE now owns 51,904 shares of the company’s stock valued at $3,876,000 after purchasing an additional 11,206 shares during the last quarter. Finally, Financial Advocates Investment Management increased its position in First Trust RBA American Industrial Renaissance ETF by 49.8% in the 3rd quarter. Financial Advocates Investment Management now owns 7,301 shares of the company’s stock worth $545,000 after buying an additional 2,428 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR stock traded up $0.70 on Monday, reaching $75.90. 74,911 shares of the company were exchanged, compared to its average volume of 166,996. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $47.50 and a 12 month high of $78.00. The stock’s fifty day moving average price is $73.70 and its 200 day moving average price is $70.83. The firm has a market capitalization of $1.87 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.0419 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.22%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.