Sigma Planning Corp Has $7.45 Million Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Sigma Planning Corp lessened its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99,826 shares of the company’s stock after selling 1,963 shares during the quarter. Sigma Planning Corp owned approximately 0.41% of First Trust RBA American Industrial Renaissance ETF worth $7,454,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AIRR. Cascade Investment Group Inc. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 2.2% during the 2nd quarter. Cascade Investment Group Inc. now owns 9,171 shares of the company’s stock worth $626,000 after buying an additional 200 shares during the last quarter. First Heartland Consultants Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 5.2% in the 2nd quarter. First Heartland Consultants Inc. now owns 5,941 shares of the company’s stock valued at $406,000 after acquiring an additional 295 shares during the period. Concourse Financial Group Securities Inc. lifted its position in First Trust RBA American Industrial Renaissance ETF by 80.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after acquiring an additional 348 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth approximately $26,000. Finally, Atomi Financial Group Inc. grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 4.3% in the first quarter. Atomi Financial Group Inc. now owns 8,615 shares of the company’s stock valued at $580,000 after purchasing an additional 353 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.3 %

Shares of NASDAQ AIRR opened at $84.47 on Friday. The business’s 50 day moving average is $74.56 and its 200-day moving average is $71.48. The firm has a market cap of $2.08 billion, a P/E ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $47.50 and a 1-year high of $84.61.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0419 per share. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.17 annualized dividend and a yield of 0.20%.

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.