Wealthcare Advisory Partners LLC Raises Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Wealthcare Advisory Partners LLC increased its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 68.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 19,749 shares of the company’s stock after buying an additional 8,052 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,608,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth about $27,000. TD Capital Management LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth about $27,000. Capital Analysts LLC lifted its holdings 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 purchasing an additional 142 shares during the last quarter. North Star Investment Management Corp. purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at about $41,000. Finally, Capital Investment Advisory Services LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the first quarter valued at about $49,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.8%

NASDAQ AIRR opened at $97.47 on Wednesday. The company has a market cap of $5.64 billion, a PE ratio of 21.40 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $99.17. The firm’s 50-day simple moving average is $92.11 and its two-hundred day simple moving average is $81.46.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.06 annualized dividend and a yield of 0.1%.

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.