First Trust RBA American Industrial Renaissance ETF $AIRR is Sage Private Wealth Group LLC’s 2nd Largest Position

Sage Private Wealth Group LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 16.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 194,528 shares of the company’s stock after acquiring an additional 27,725 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for approximately 10.5% of Sage Private Wealth Group LLC’s portfolio, making the stock its 2nd largest holding. Sage Private Wealth Group LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $18,807,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 106.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 40,283 shares of the company’s stock valued at $3,895,000 after purchasing an additional 20,753 shares during the period. N.E.W. Advisory Services LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 28.4% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 14,482 shares of the company’s stock valued at $1,400,000 after buying an additional 3,203 shares in the last quarter. Creekside Partners grew its holdings in First Trust RBA American Industrial Renaissance ETF by 1.6% during the 3rd quarter. Creekside Partners now owns 19,008 shares of the company’s stock valued at $1,838,000 after buying an additional 307 shares in the last quarter. MGO One Seven LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 30.7% during the third quarter. MGO One Seven LLC now owns 13,754 shares of the company’s stock valued at $1,330,000 after buying an additional 3,228 shares during the period. Finally, World Equity Group Inc. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1,148.3% in the third quarter. World Equity Group Inc. now owns 36,426 shares of the company’s stock worth $3,522,000 after buying an additional 33,508 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.8%

Shares of NASDAQ:AIRR opened at $109.69 on Wednesday. The company has a 50 day moving average of $99.42 and a 200 day moving average of $94.35. The stock has a market cap of $7.38 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $59.22 and a 12 month high of $110.21.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.0276 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. This represents a $0.11 annualized dividend and a dividend yield of 0.1%.

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.