First Trust RBA American Industrial Renaissance ETF $AIRR Shares Sold by Pictet North America Advisors SA

Pictet North America Advisors SA decreased its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 6.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 224,832 shares of the company’s stock after selling 15,328 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for approximately 2.0% of Pictet North America Advisors SA’s portfolio, making the stock its 16th largest holding. Pictet North America Advisors SA owned approximately 0.38% of First Trust RBA American Industrial Renaissance ETF worth $21,737,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Armstrong Advisory Group Inc. acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $33,000. North Star Investment Management Corp. acquired a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at $41,000. Twin Peaks Wealth Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at $91,000. Bank of Montreal Can purchased a new position in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $100,000. Finally, Private Trust Co. NA boosted its stake in 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 worth $131,000 after buying an additional 762 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $101.52 on Friday. The stock has a market capitalization of $6.69 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The business has a 50-day moving average of $98.43 and a two-hundred day moving average of $92.80. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $59.22 and a 12 month high of $103.60.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.