Assetmark Inc. Has $34,000 Stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Assetmark Inc. trimmed its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 97.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 771 shares of the company’s stock after selling 27,808 shares during the period. Assetmark Inc.’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $34,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ROBT. CWM LLC increased its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 16.4% in the second quarter. CWM LLC now owns 4,965 shares of the company’s stock worth $210,000 after purchasing an additional 699 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.5% during the first quarter. Osaic Holdings Inc. now owns 160,443 shares of the company’s stock worth $7,259,000 after buying an additional 9,774 shares during the last quarter. Gradient Investments LLC boosted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 59.8% in the second quarter. Gradient Investments LLC now owns 62,056 shares of the company’s stock valued at $2,627,000 after acquiring an additional 23,213 shares during the period. Cetera Advisors LLC grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 60.3% in the first quarter. Cetera Advisors LLC now owns 16,410 shares of the company’s stock worth $742,000 after acquiring an additional 6,170 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.3% during the first quarter. Avantax Advisory Services Inc. now owns 7,829 shares of the company’s stock worth $354,000 after acquiring an additional 394 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

NASDAQ:ROBT opened at $45.74 on Wednesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a one year low of $36.91 and a one year high of $47.64. The company has a fifty day moving average price of $43.91 and a 200 day moving average price of $42.95. The stock has a market cap of $455.11 million, a P/E ratio of 29.47 and a beta of 1.22.

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.