PCG Wealth Advisors LLC Reduces Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

PCG Wealth Advisors LLC cut its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 21.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 37,916 shares of the company’s stock after selling 10,226 shares during the quarter. PCG Wealth Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,921,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 73.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 127,205 shares of the company’s stock valued at $8,689,000 after acquiring an additional 53,927 shares during the last quarter. Renaissance Technologies LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at approximately $205,000. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 31.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 142,417 shares of the company’s stock valued at $9,729,000 after acquiring an additional 34,327 shares during the period. NewEdge Advisors LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 19.0% in the second quarter. NewEdge Advisors LLC now owns 20,339 shares of the company’s stock valued at $1,389,000 after acquiring an additional 3,243 shares during the period. Finally, Gateway Wealth Partners LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at approximately $405,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.7 %

Shares of AIRR stock opened at $83.22 on Friday. The business has a 50 day moving average of $81.36 and a two-hundred day moving average of $76.25. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $54.90 and a 52 week high of $86.95. The company has a market cap of $3.40 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0561 per share. The ex-dividend date was Friday, December 13th.

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.