First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Shares Sold by RiverFront Investment Group LLC

RiverFront Investment Group LLC cut its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 4.4% in the 4th quarter, HoldingsChannel reports. The fund owned 59,268 shares of the company’s stock after selling 2,698 shares during the period. RiverFront Investment Group LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $2,698,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Raymond James & Associates lifted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 116.5% during the 4th quarter. Raymond James & Associates now owns 276,713 shares of the company’s stock worth $12,599,000 after purchasing an additional 148,893 shares during the period. Sunbelt Securities Inc. purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter worth $75,000. SFI Advisors LLC lifted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 31.5% during the 4th quarter. SFI Advisors LLC now owns 91,431 shares of the company’s stock worth $4,163,000 after purchasing an additional 21,922 shares during the period. HBK Sorce Advisory LLC purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter worth $209,000. Finally, Stifel Financial Corp lifted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 79.8% during the 3rd quarter. Stifel Financial Corp now owns 75,492 shares of the company’s stock worth $3,058,000 after purchasing an additional 33,505 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 1.5 %

Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF stock traded up $0.64 during trading hours on Friday, reaching $42.28. 51,897 shares of the company’s stock were exchanged, compared to its average volume of 85,105. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $36.38 and a 52-week high of $47.71. The firm has a market capitalization of $524.27 million, a price-to-earnings ratio of 28.36 and a beta of 1.43. The company has a fifty day moving average of $44.24 and a 200-day moving average of $43.00.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company Profile

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.