NewEdge Advisors LLC Sells 2,692 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

NewEdge Advisors LLC lessened its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 10.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,846 shares of the company’s stock after selling 2,692 shares during the quarter. NewEdge Advisors LLC owned 0.20% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $967,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ROBT. Adirondack Trust Co. bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter valued at about $49,000. North Star Investment Management Corp. bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the first quarter valued at approximately $70,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the second quarter worth approximately $80,000. Front Row Advisors LLC lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 34.3% in the 2nd quarter. Front Row Advisors LLC now owns 2,155 shares of the company’s stock worth $91,000 after acquiring an additional 550 shares during the last quarter. Finally, 1832 Asset Management L.P. boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,217 shares of the company’s stock valued at $94,000 after purchasing an additional 414 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Down 1.2 %

Shares of NASDAQ:ROBT opened at $43.27 on Tuesday. The stock has a market capitalization of $443.52 million, a P/E ratio of 29.47 and a beta of 1.22. The stock’s 50-day moving average price is $41.87 and its 200-day moving average price is $42.63. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12-month low of $36.38 and a 12-month high of $46.79.

First Trust Nasdaq Artificial Intelligence and Robotics ETF 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.