Raymond James Financial Services Advisors Inc. Sells 7,690 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Raymond James Financial Services Advisors Inc. cut its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBTFree Report) by 5.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,041 shares of the company’s stock after selling 7,690 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 1.27% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $6,331,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. ICA Group Wealth Management LLC purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter worth about $28,000. Creative Planning bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the third quarter valued at approximately $35,000. Princeton Global Asset Management LLC purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the third quarter valued at approximately $49,000. UBS Group AG boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2,135.0% during the 1st quarter. UBS Group AG now owns 1,341 shares of the company’s stock worth $63,000 after acquiring an additional 1,281 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 54.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,795 shares of the company’s stock worth $64,000 after purchasing an additional 636 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

NASDAQ ROBT opened at $44.33 on Thursday. The business’s fifty day moving average is $44.92 and its 200 day moving average is $42.74. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a fifty-two week low of $36.38 and a fifty-two week high of $47.71. The company has a market capitalization of $492.06 million, a PE ratio of 26.15 and a beta of 1.22.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

(Free Report)

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.

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Institutional Ownership by Quarter for First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

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