Cwm LLC Sells 1,004 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Cwm LLC decreased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 20.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,961 shares of the company’s stock after selling 1,004 shares during the quarter. Cwm LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brown Financial Advisors bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the second quarter valued at approximately $40,000. Adirondack Trust Co. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 2nd quarter worth approximately $49,000. North Star Investment Management Corp. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 1st quarter worth approximately $70,000. Ashton Thomas Private Wealth LLC bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter valued at approximately $80,000. Finally, Front Row Advisors LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 34.3% during the second quarter. Front Row Advisors LLC now owns 2,155 shares of the company’s stock valued at $91,000 after buying an additional 550 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of NASDAQ:ROBT opened at $42.87 on Thursday. The business has a fifty day moving average price of $42.77 and a 200-day moving average price of $42.57. The company has a market capitalization of $435.13 million, a PE ratio of 29.47 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1-year low of $36.38 and a 1-year high of $46.79.

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.