Baird Financial Group Inc. Decreases Stake in ROBO Global Robotics & Automation ETF $ROBO

Baird Financial Group Inc. lessened its stake in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 4.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,503 shares of the company’s stock after selling 388 shares during the quarter. Baird Financial Group Inc.’s holdings in ROBO Global Robotics & Automation ETF were worth $386,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wealthquest Corp purchased a new position in ROBO Global Robotics & Automation ETF in the 1st quarter worth approximately $55,899,000. Flow Traders U.S. LLC boosted its stake in shares of ROBO Global Robotics & Automation ETF by 30.3% during the 1st quarter. Flow Traders U.S. LLC now owns 103,421 shares of the company’s stock valued at $5,326,000 after buying an additional 24,055 shares during the last quarter. Crestwood Advisors Group LLC boosted its stake in shares of ROBO Global Robotics & Automation ETF by 11.0% during the 1st quarter. Crestwood Advisors Group LLC now owns 61,751 shares of the company’s stock valued at $3,180,000 after buying an additional 6,144 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of ROBO Global Robotics & Automation ETF by 3.0% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 14,314 shares of the company’s stock valued at $737,000 after buying an additional 416 shares during the last quarter. Finally, Noble Wealth Management PBC boosted its stake in shares of ROBO Global Robotics & Automation ETF by 106.1% during the 1st quarter. Noble Wealth Management PBC now owns 680 shares of the company’s stock valued at $35,000 after buying an additional 350 shares during the last quarter.

ROBO Global Robotics & Automation ETF Trading Up 1.8%

ROBO Global Robotics & Automation ETF stock opened at $65.36 on Friday. The stock has a market cap of $1.13 billion, a P/E ratio of 23.13 and a beta of 1.25. The stock has a 50 day moving average of $62.73 and a 200-day moving average of $57.04. ROBO Global Robotics & Automation ETF has a 52 week low of $43.17 and a 52 week high of $65.46.

ROBO Global Robotics & Automation ETF Profile

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.