First Trust RBA American Industrial Renaissance ETF $AIRR Stock Holdings Cut by Presidio Capital Management LLC

Presidio Capital Management LLC lowered its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,494 shares of the company’s stock after selling 7,009 shares during the period. First Trust RBA American Industrial Renaissance ETF comprises about 4.9% of Presidio Capital Management LLC’s portfolio, making the stock its 8th largest position. Presidio Capital Management LLC owned about 0.24% of First Trust RBA American Industrial Renaissance ETF worth $14,066,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Guerra Pan Advisors LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 7.4% in the second quarter. Guerra Pan Advisors LLC now owns 13,429 shares of the company’s stock valued at $1,093,000 after purchasing an additional 923 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter valued at $100,000. JBR Co Financial Management Inc lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 19.3% during the 3rd quarter. JBR Co Financial Management Inc now owns 31,806 shares of the company’s stock valued at $3,075,000 after buying an additional 5,154 shares during the last quarter. Guided Capital Wealth Management LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $5,375,000. Finally, Sage Private Wealth Group LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 16.6% during the 3rd quarter. Sage Private Wealth Group LLC now owns 194,528 shares of the company’s stock worth $18,807,000 after acquiring an additional 27,725 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $119.16 on Friday. The stock has a market capitalization of $8.30 billion, a P/E 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. The stock’s 50-day simple moving average is $107.69 and its 200 day simple moving average is $99.07.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.0276 dividend. This represents a $0.11 annualized dividend and a dividend yield of 0.1%. This is an increase 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.