Aurora Private Wealth Inc. Trims Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Aurora Private Wealth Inc. cut its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 48.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,891 shares of the company’s stock after selling 7,344 shares during the quarter. Aurora Private Wealth Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $874,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Jane Street Group LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 115.9% in the 1st quarter. Jane Street Group LLC now owns 17,464 shares of the company’s stock valued at $1,191,000 after buying an additional 9,374 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in First Trust RBA American Industrial Renaissance ETF during the second quarter worth $348,000. Raymond James Financial Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 0.8% during the second quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock worth $134,041,000 after buying an additional 13,099 shares in the last quarter. Ausdal Financial Partners Inc. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 144.9% in the second quarter. Ausdal Financial Partners Inc. now owns 10,488 shares of the company’s stock worth $854,000 after acquiring an additional 6,205 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the second quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock worth $493,757,000 after acquiring an additional 220,666 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $130.90 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $77.41 and a 52-week high of $133.50. The stock’s fifty day simple moving average is $126.71 and its 200-day simple moving average is $115.73. The company has a market capitalization of $10.43 billion, a P/E ratio of 21.40 and a beta of 1.27.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0668 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.