Client First Investment Management LLC Takes $1.48 Million Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Client First Investment Management LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 21,629 shares of the company’s stock, valued at approximately $1,477,000. First Trust RBA American Industrial Renaissance ETF comprises approximately 1.1% of Client First Investment Management LLC’s portfolio, making the stock its 12th biggest holding. Client First Investment Management LLC owned approximately 0.11% of First Trust RBA American Industrial Renaissance ETF as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the stock. Pinnacle Bancorp Inc. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter worth approximately $27,000. Carolinas Wealth Consulting LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter valued at about $29,000. Principal Securities Inc. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at about $39,000. Concourse Financial Group Securities Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock valued at $53,000 after acquiring an additional 348 shares during the last quarter. Finally, Register Financial Advisors LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $199,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $74.64 on Friday. The stock’s 50-day moving average is $70.98 and its 200 day moving average is $68.59. The company has a market cap of $1.46 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $46.71 and a 1 year high of $75.92.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.0333 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.13 annualized dividend and a dividend yield of 0.18%.

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.