Ameriprise Financial Inc. Sells 4,535 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Ameriprise Financial Inc. decreased its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 152,070 shares of the company’s stock after selling 4,535 shares during the quarter. Ameriprise Financial Inc. owned about 1.47% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $6,850,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Accredited Wealth Management LLC bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter worth $151,000. NewEdge Advisors LLC boosted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.5% during the fourth quarter. NewEdge Advisors LLC now owns 23,360 shares of the company’s stock worth $1,052,000 after acquiring an additional 561 shares during the last quarter. Mariner LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.0% during the fourth quarter. Mariner LLC now owns 126,603 shares of the company’s stock valued at $5,702,000 after purchasing an additional 7,194 shares in the last quarter. Kraft Davis & Associates LLC purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter valued at $328,000. Finally, Raymond James Financial Inc. purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter valued at $6,462,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Up 0.7%

First Trust Nasdaq Artificial Intelligence and Robotics ETF stock opened at $44.57 on Friday. The company has a market cap of $456.84 million, a price-to-earnings ratio of 26.38 and a beta of 1.22. The firm’s fifty day moving average is $41.22 and its 200 day moving average is $44.43. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $34.38 and a 52-week high of $49.00.

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.