Fischer Investment Strategies LLC Sells 9,938 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Fischer Investment Strategies LLC lowered its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 15.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,493 shares of the company’s stock after selling 9,938 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for 3.0% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 12th biggest holding. Fischer Investment Strategies LLC owned approximately 0.11% of First Trust RBA American Industrial Renaissance ETF worth $4,517,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. TD Capital Management LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $27,000. Salomon & Ludwin LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $27,000. Capital Analysts LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% during the 1st quarter. Capital Analysts LLC now owns 409 shares of the company’s stock worth $28,000 after purchasing an additional 142 shares during the last quarter. North Star Investment Management Corp. purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $41,000. Finally, Capital Investment Advisory Services LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $49,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 3.3%

Shares of AIRR stock opened at $94.09 on Friday. The company has a 50 day moving average of $92.73 and a 200-day moving average of $81.92. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $99.85. The firm has a market cap of $5.50 billion, a P/E ratio of 21.40 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.0141 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.06 dividend on an annualized basis and a yield of 0.1%.

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.