Janney Montgomery Scott LLC Reduces Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

Janney Montgomery Scott LLC reduced its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 0.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 95,818 shares of the company’s stock after selling 650 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.91% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $4,628,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. LPL Financial LLC boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.1% during the first quarter. LPL Financial LLC now owns 682,908 shares of the company’s stock valued at $27,774,000 after purchasing an additional 7,244 shares during the period. Baird Financial Group Inc. lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.6% in the first quarter. Baird Financial Group Inc. now owns 284,524 shares of the company’s stock worth $11,572,000 after acquiring an additional 9,762 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 275,582 shares of the company’s stock worth $11,208,000 after acquiring an additional 13,600 shares during the period. Envestnet Asset Management Inc. lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.1% in the first quarter. Envestnet Asset Management Inc. now owns 149,854 shares of the company’s stock worth $6,095,000 after acquiring an additional 9,875 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.5% in the first quarter. Raymond James Financial Inc. now owns 146,983 shares of the company’s stock worth $5,978,000 after acquiring an additional 3,515 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

NASDAQ:ROBT opened at $54.80 on Wednesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1-year low of $34.38 and a 1-year high of $56.02. The company has a 50-day moving average of $51.34 and a 200 day moving average of $46.77. The firm has a market cap of $632.94 million, a PE ratio of 27.26 and a beta of 1.22.

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.