Ameritas Advisory Services LLC Reduces Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Ameritas Advisory Services LLC lessened its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 15.2% in the second quarter, Holdings Channel reports. The fund owned 50,319 shares of the company’s stock after selling 8,989 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $4,096,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of AIRR. Salomon & Ludwin LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter valued at about $27,000. TD Capital Management LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter worth approximately $27,000. Capital Analysts LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 53.2% during the first quarter. Capital Analysts LLC now owns 409 shares of the company’s stock valued at $28,000 after buying an additional 142 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 84.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 460 shares of the company’s stock valued at $31,000 after buying an additional 210 shares during the last quarter. Finally, Centricity Wealth Management LLC bought a new position in First Trust RBA American Industrial Renaissance ETF in the first quarter worth approximately $33,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $97.12 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $97.60. The company’s fifty day simple moving average is $91.53 and its 200-day simple moving average is $80.81. The stock has a market capitalization of $5.09 billion, a PE ratio of 21.40 and a beta of 1.25.

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 issued a dividend of $0.0141 per share. This represents a $0.06 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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.