Wells Fargo & Company MN Has $8.62 Million Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Wells Fargo & Company MN reduced its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 10.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 191,404 shares of the company’s stock after selling 21,620 shares during the quarter. Wells Fargo & Company MN’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $8,621,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of ROBT. Sherman Asset Management Inc. acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $46,000. First Horizon Advisors Inc. bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at about $49,000. Elevation Wealth Partners LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter worth $49,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock worth $57,000 after purchasing an additional 707 shares during the period. Finally, Whipplewood Advisors LLC bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter worth $102,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

NASDAQ:ROBT opened at $38.22 on Friday. The company has a market cap of $391.76 million, a PE ratio of 24.28 and a beta of 1.23. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $34.38 and a 52-week high of $49.00. The stock has a 50-day simple moving average of $42.57 and a 200 day simple moving average of $44.65.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

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.