Stegent Equity Advisors Inc. Lowers Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Stegent Equity Advisors Inc. reduced its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,383 shares of the company’s stock after selling 155 shares during the period. First Trust RBA American Industrial Renaissance ETF comprises approximately 1.8% of Stegent Equity Advisors Inc.’s holdings, making the stock its 18th biggest holding. Stegent Equity Advisors Inc. owned 0.05% of First Trust RBA American Industrial Renaissance ETF worth $1,801,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AIRR. Meitav Investment House Ltd. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $26,942,000. LPL Financial LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 22.7% in the 3rd quarter. LPL Financial LLC now owns 1,859,927 shares of the company’s stock valued at $138,881,000 after purchasing an additional 343,844 shares during the last quarter. Redhawk Wealth Advisors Inc. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $16,758,000. Strategic Financial Concepts LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $14,236,000. Finally, WESPAC Advisors SoCal LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $9,397,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.6 %

Shares of AIRR opened at $72.86 on Thursday. The firm has a market cap of $3.19 billion, a PE ratio of 23.16 and a beta of 1.25. The company’s fifty day moving average is $78.46 and its two-hundred day moving average is $77.34. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $61.36 and a fifty-two week high of $86.95.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.0561 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.