First Trust RBA American Industrial Renaissance ETF $AIRR Shares Sold by MRA Advisory Group

MRA Advisory Group trimmed its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,895 shares of the company’s stock after selling 4,635 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up about 2.0% of MRA Advisory Group’s portfolio, making the stock its 13th biggest position. MRA Advisory Group owned about 0.08% of First Trust RBA American Industrial Renaissance ETF worth $4,534,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Armstrong Advisory Group Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter worth $33,000. Hazlett Burt & Watson Inc. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 200.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after purchasing an additional 240 shares during the last quarter. Main Street Group LTD acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth about $64,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $91,000. Finally, Bank of Montreal Can purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $100,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.6%

Shares of AIRR opened at $119.16 on Monday. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $123.54. The stock’s 50-day moving average price is $107.69 and its 200-day moving average price is $99.15.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.