Cetera Investment Advisers Has $20.27 Million Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Cetera Investment Advisers lifted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 249,049 shares of the company’s stock after buying an additional 7,438 shares during the quarter. Cetera Investment Advisers owned about 0.47% of First Trust RBA American Industrial Renaissance ETF worth $20,273,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. TD Capital Management LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the first 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 First Trust RBA American Industrial Renaissance ETF in the second quarter worth $41,000. IFP Advisors Inc increased its position in First Trust RBA American Industrial Renaissance ETF by 46.6% during the first quarter. IFP Advisors Inc now owns 1,116 shares of the company’s stock worth $76,000 after buying an additional 355 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at about $100,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $92.51 on Wednesday. The company has a market cap of $5.68 billion, a PE ratio of 21.40 and a beta of 1.29. The stock has a 50-day moving average of $96.44 and a 200-day moving average of $87.86. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $101.70.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders 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 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.