Herold Advisors Inc. Sells 1,196 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Herold Advisors Inc. trimmed its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,723 shares of the company’s stock after selling 1,196 shares during the period. Herold Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $273,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. LPL Financial LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 54.2% in the third quarter. LPL Financial LLC now owns 868,861 shares of the company’s stock worth $44,764,000 after purchasing an additional 305,308 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 5.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 711,182 shares of the company’s stock valued at $41,135,000 after buying an additional 36,465 shares in the last quarter. UBS Group AG grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 27.6% in the 3rd quarter. UBS Group AG now owns 498,689 shares of the company’s stock worth $25,692,000 after buying an additional 107,823 shares during the period. International Assets Investment Management LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 5,949.1% in the 4th quarter. International Assets Investment Management LLC now owns 337,479 shares of the company’s stock worth $19,520,000 after acquiring an additional 331,900 shares in the last quarter. Finally, Raymond James & Associates lifted its position in First Trust RBA American Industrial Renaissance ETF by 7.6% during the 4th quarter. Raymond James & Associates now owns 280,876 shares of the company’s stock valued at $16,246,000 after acquiring an additional 19,851 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.1 %

Shares of NASDAQ AIRR traded up $0.72 on Friday, reaching $64.94. 73,606 shares of the company’s stock traded hands, compared to its average volume of 92,932. The business’s 50 day simple moving average is $63.86 and its two-hundred day simple moving average is $57.08. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $44.17 and a 12 month high of $67.74. The company has a market cap of $896.17 million, a price-to-earnings ratio of 21.23 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.0096 dividend. This represents a $0.04 annualized dividend and a yield of 0.06%. The ex-dividend date of this dividend was Thursday, March 21st.

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.