First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Sold by Darden Wealth Group Inc

Darden Wealth Group Inc trimmed its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 3.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,050 shares of the company’s stock after selling 190 shares during the quarter. Darden Wealth Group Inc’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $345,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the first quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 84.0% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 460 shares of the company’s stock valued at $31,000 after purchasing an additional 210 shares in the last quarter. Centricity Wealth Management LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the first quarter valued at approximately $33,000. Ameriflex Group Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at approximately $36,000. Finally, Rothschild Investment LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 159.5% in the first quarter. Rothschild Investment LLC now owns 558 shares of the company’s stock valued at $38,000 after acquiring an additional 343 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock traded up $0.41 during trading hours on Friday, hitting $85.65. The stock had a trading volume of 26,048 shares, compared to its average volume of 546,344. The firm has a market capitalization of $4.32 billion, a PE 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 $86.95. The stock’s 50 day moving average is $79.46 and its 200 day moving average is $75.32.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a $0.0662 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.31%. The ex-dividend date was Thursday, June 26th.

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.