Private Advisor Group LLC Sells 1,169 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Private Advisor Group LLC cut its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 19.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,933 shares of the company’s stock after selling 1,169 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Financial Advisors bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter valued at approximately $40,000. Adirondack Trust Co. bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter valued at approximately $49,000. Ashton Thomas Private Wealth LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter worth approximately $80,000. Front Row Advisors LLC grew its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 34.3% during 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. grew its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,217 shares of the company’s stock worth $94,000 after acquiring an additional 414 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

ROBT opened at $47.19 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a fifty-two week low of $36.91 and a fifty-two week high of $47.21. The firm has a market capitalization of $469.54 million, a price-to-earnings ratio of 29.47 and a beta of 1.22. The company’s 50 day moving average price is $43.24 and its two-hundred day moving average price is $42.75.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

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.