First Trust RBA American Industrial Renaissance ETF $AIRR Stock Holdings Lowered by IFG Advisory LLC

IFG Advisory LLC reduced its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 72.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,479 shares of the company’s stock after selling 39,880 shares during the quarter. IFG Advisory LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,497,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Armstrong Advisory Group Inc. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth about $33,000. Hazlett Burt & Watson Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 200.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after acquiring an additional 240 shares during the period. Main Street Group LTD bought a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth approximately $64,000. Founders Financial Alliance LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the third quarter worth approximately $80,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the second quarter worth approximately $91,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ AIRR opened at $110.41 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $123.54. The firm has a market cap of $7.69 billion, a P/E ratio of 21.40 and a beta of 1.29. The stock has a fifty day moving average price of $113.01 and a two-hundred day moving average price of $102.08.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.