Centaurus Financial Inc. Cuts Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Centaurus Financial Inc. lowered its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 12.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,772 shares of the company’s stock after selling 684 shares during the period. Centaurus Financial Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 1st 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 $29,000. Concourse Financial Group Securities Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after buying an additional 348 shares during the last quarter. Register Financial Advisors LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter worth about $199,000. Finally, Accel Wealth Management purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter worth about $204,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.4 %

NASDAQ:AIRR opened at $74.55 on Friday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $46.71 and a twelve month high of $75.92. The company has a market capitalization of $1.70 billion, a P/E ratio of 23.16 and a beta of 1.25. The firm has a 50-day moving average price of $71.33 and a two-hundred day moving average price of $69.37.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0419 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.17 dividend on an annualized basis and a yield of 0.22%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.