Sigma Planning Corp Trims Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Sigma Planning Corp lessened its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 54.2% during the 2nd quarter, Holdings Channel reports. The firm owned 54,558 shares of the company’s stock after selling 64,535 shares during the quarter. Sigma Planning Corp’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $4,441,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. LPL Financial LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 26.4% during the first quarter. LPL Financial LLC now owns 3,354,942 shares of the company’s stock worth $228,841,000 after acquiring an additional 700,521 shares during the last quarter. Parcion Private Wealth LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the first quarter worth approximately $28,989,000. Royal Bank of Canada boosted its position in First Trust RBA American Industrial Renaissance ETF by 29.1% during the first quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock worth $54,710,000 after acquiring an additional 180,581 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in 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 worth $27,746,000 after acquiring an additional 132,678 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in First Trust RBA American Industrial Renaissance ETF by 69.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 295,482 shares of the company’s stock worth $20,155,000 after acquiring an additional 120,764 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ AIRR opened at $99.74 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $101.70. The firm’s 50 day moving average price is $95.44 and its 200 day moving average price is $85.76. The firm has a market cap of $6.11 billion, a P/E ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

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

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.