Altus Wealth Group LLC Has $677,000 Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Altus Wealth Group LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,312 shares of the company’s stock after purchasing an additional 375 shares during the quarter. Altus Wealth Group LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $677,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Capital Analysts LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% during the 1st quarter. Capital Analysts LLC now owns 409 shares of the company’s stock worth $28,000 after purchasing an additional 142 shares during the last quarter. Global View Capital Management LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 1.5% during the 1st quarter. Global View Capital Management LLC now owns 10,145 shares of the company’s stock worth $692,000 after purchasing an additional 154 shares during the last quarter. Condor Capital Management increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 3.9% during the 1st quarter. Condor Capital Management now owns 4,213 shares of the company’s stock worth $287,000 after purchasing an additional 160 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 6.1% during the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 3,941 shares of the company’s stock worth $321,000 after purchasing an additional 226 shares during the last quarter. Finally, Independent Wealth Network Inc. increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 4.9% during the 2nd quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock worth $422,000 after purchasing an additional 240 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.8%

NASDAQ:AIRR opened at $95.52 on Monday. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $99.85. The stock’s 50 day moving average price is $93.62 and its two-hundred day moving average price is $83.07.

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 issued 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.