Arvest Investments Inc. Sells 10,034 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Arvest Investments Inc. trimmed its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 19.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,565 shares of the company’s stock after selling 10,034 shares during the period. Arvest Investments Inc. owned about 0.07% of First Trust RBA American Industrial Renaissance ETF worth $4,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of AIRR. Armstrong Advisory Group Inc. purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter valued at approximately $33,000. TD Capital Management LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth $27,000. Capital Analysts LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 53.2% during the 1st quarter. Capital Analysts LLC now owns 409 shares of the company’s stock valued at $28,000 after purchasing an additional 142 shares in the last quarter. North Star Investment Management Corp. bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at $41,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at $91,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.1%

AIRR opened at $99.93 on Monday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $103.60. The business’s fifty day simple moving average is $97.72 and its 200-day simple moving average is $91.45. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a dividend of $0.0276 per share. This represents a $0.11 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

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.