Cambridge Investment Research Advisors Inc. decreased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT – Free Report) by 13.0% during the 1st quarter, Holdings Channel reports. The fund owned 53,146 shares of the company’s stock after selling 7,940 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $2,161,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in ROBT. Ameriflex Group Inc. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter worth $27,000. Accredited Wealth Management LLC purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter worth about $151,000. NBC Securities Inc. boosted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 108,800.0% during the first quarter. NBC Securities Inc. now owns 5,445 shares of the company’s stock worth $221,000 after buying an additional 5,440 shares in the last quarter. Private Advisor Group LLC grew its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 16.6% during the fourth quarter. Private Advisor Group LLC now owns 5,750 shares of the company’s stock worth $259,000 after buying an additional 817 shares during the period. Finally, Twin Peaks Wealth Advisors LLC increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 25.4% in the first quarter. Twin Peaks Wealth Advisors LLC now owns 5,784 shares of the company’s stock valued at $225,000 after buying an additional 1,170 shares in the last quarter.
First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance
Shares of NASDAQ:ROBT opened at $47.99 on Wednesday. The firm has a market capitalization of $491.90 million, a price-to-earnings ratio of 26.07 and a beta of 1.22. The business’s 50 day simple moving average is $44.73 and its 200-day simple moving average is $44.27. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $34.38 and a 12 month high of $49.00.
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.
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