Capital Wealth Alliance LLC Sells 269 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Capital Wealth Alliance LLC decreased its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,694 shares of the company’s stock after selling 269 shares during the quarter. Capital Wealth Alliance LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $789,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. TD Capital Management LLC bought a new position in First Trust RBA American Industrial Renaissance ETF during the first quarter valued at about $27,000. Salomon & Ludwin LLC acquired 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 position in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% during the first 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 period. North Star Investment Management Corp. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter valued at $41,000. Finally, Capital Investment Advisory Services LLC bought a new position in First Trust RBA American Industrial Renaissance ETF in the first quarter worth $49,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $95.07 on Thursday. The company has a market capitalization of $5.73 billion, a P/E ratio of 21.40 and a beta of 1.25. The firm’s fifty day moving average price is $93.99 and its two-hundred day moving average price is $83.50. 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.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.0141 dividend. 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 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.