Raymond James Financial Services Advisors Inc. Buys 3,892 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Raymond James Financial Services Advisors Inc. lifted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBTFree Report) by 13.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,922 shares of the company’s stock after buying an additional 3,892 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.37% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $1,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ROBT. Raleigh Capital Management Inc. acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 1st quarter worth about $26,000. ICA Group Wealth Management LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at approximately $28,000. 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 period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 54.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,795 shares of the company’s stock worth $64,000 after acquiring an additional 636 shares during the period. Finally, Gradient Investments LLC acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 1st quarter worth approximately $82,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF stock opened at $37.07 on Thursday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1 year low of $34.15 and a 1 year high of $47.71. The company has a market capitalization of $381.82 million, a price-to-earnings ratio of 26.15 and a beta of 1.22. The business has a fifty day simple moving average of $40.75 and a two-hundred day simple moving average of $42.75.

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.

Further Reading

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

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