Raymond James & Associates Buys 148,893 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Raymond James & Associates raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBTFree Report) by 116.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 276,713 shares of the company’s stock after purchasing an additional 148,893 shares during the quarter. Raymond James & Associates’ holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $12,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,592 shares of the company’s stock worth $359,000 after acquiring an additional 278 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 24.9% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 36,922 shares of the company’s stock worth $1,745,000 after purchasing an additional 7,366 shares in the last quarter. HighTower Advisors LLC increased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 20.7% during the 1st quarter. HighTower Advisors LLC now owns 4,667 shares of the company’s stock valued at $220,000 after purchasing an additional 800 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.4% during the 1st quarter. Baird Financial Group Inc. now owns 5,994 shares of the company’s stock valued at $283,000 after buying an additional 359 shares in the last quarter. Finally, Mariner LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 1st quarter worth approximately $2,791,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of ROBT opened at $44.33 on Thursday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1 year low of $36.38 and a 1 year high of $47.71. The stock has a 50 day simple moving average of $44.92 and a two-hundred day simple moving average of $42.74. The firm has a market cap of $492.06 million, a P/E ratio of 26.15 and a beta of 1.22.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Profile

(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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