Ameritas Advisory Services LLC Sells 8,912 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Ameritas Advisory Services LLC trimmed its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 17.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,407 shares of the company’s stock after selling 8,912 shares during the quarter. Ameritas Advisory Services LLC owned 0.07% of First Trust RBA American Industrial Renaissance ETF worth $4,003,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Armstrong Advisory Group Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter valued at approximately $33,000. Hazlett Burt & Watson Inc. grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 200.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after purchasing an additional 240 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at $91,000. Bank of Montreal Can bought a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at about $100,000. Finally, Private Trust Co. NA boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 128.1% in the 3rd quarter. Private Trust Co. NA now owns 1,357 shares of the company’s stock valued at $131,000 after purchasing an additional 762 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $117.27 on Friday. The company has a fifty day moving average price of $107.29 and a two-hundred day moving average price of $98.77. The firm has a market capitalization of $8.17 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $123.54.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.0276 per share. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.1%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Friday, December 12th.

First Trust RBA American Industrial Renaissance ETF 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.