Apollon Wealth Management LLC Purchases 3,665 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Apollon Wealth Management LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 23.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,549 shares of the company’s stock after buying an additional 3,665 shares during the period. Apollon Wealth Management LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,591,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Capital Management LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at approximately $27,000. Salomon & Ludwin LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at approximately $27,000. Capital Analysts LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% in the 1st quarter. Capital Analysts LLC now owns 409 shares of the company’s stock valued at $28,000 after purchasing an additional 142 shares during the last quarter. North Star Investment Management Corp. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at approximately $41,000. Finally, Capital Investment Advisory Services LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at approximately $49,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ AIRR opened at $96.40 on Tuesday. The business’s 50 day moving average price is $92.94 and its 200-day moving average price is $82.28. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $99.85. The company has a market cap of $5.64 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

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.