Parcion Private Wealth LLC Has $60.22 Million Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Parcion Private Wealth LLC lowered its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.7% during the third quarter, Holdings Channel.com reports. The firm owned 622,862 shares of the company’s stock after selling 30,888 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up about 3.8% of Parcion Private Wealth LLC’s investment portfolio, making the stock its 5th biggest position. Parcion Private Wealth LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $60,218,000 at the end of the most recent reporting period.

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

First Trust RBA American Industrial Renaissance ETF Trading Up 1.8%

Shares of AIRR opened at $101.70 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $59.22 and a 12 month high of $103.60. The stock has a fifty day moving average price of $97.83 and a 200-day moving average price of $91.62. The firm has a market cap of $6.25 billion, a PE ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.