Spire Wealth Management Reduces Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Spire Wealth Management lessened its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,068 shares of the company’s stock after selling 226 shares during the period. Spire Wealth Management owned about 0.07% of First Trust RBA American Industrial Renaissance ETF worth $2,855,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. DAVENPORT & Co LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter valued at approximately $301,000. Brio Consultants LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter valued at approximately $1,281,000. Commonwealth Equity Services LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 48.4% during the first quarter. Commonwealth Equity Services LLC now owns 406,770 shares of the company’s stock valued at $27,746,000 after acquiring an additional 132,678 shares in the last quarter. Barnes Wealth Management Group Inc bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter valued at approximately $219,000. Finally, Private Trust Co. NA raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 68.8% during the first quarter. Private Trust Co. NA now owns 1,519 shares of the company’s stock valued at $104,000 after acquiring an additional 619 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $99.13 on Friday. The company has a 50 day moving average price of $95.12 and a 200-day moving average price of $85.05. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $101.70. The company has a market capitalization of $6.02 billion, a PE ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given 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 dividend yield of 0.1%.

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.