Raymond James Financial Inc. Takes $6.46 Million Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Raymond James Financial Inc. bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 143,467 shares of the company’s stock, valued at approximately $6,462,000. Raymond James Financial Inc. owned 1.39% of First Trust Nasdaq Artificial Intelligence and Robotics ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ROBT. Sherman Asset Management Inc. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at $46,000. Elevation Wealth Partners LLC purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at $49,000. First Horizon Advisors Inc. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at $49,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock valued at $57,000 after acquiring an additional 707 shares during the period. Finally, Whipplewood Advisors LLC purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at $102,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 0.1 %

Shares of ROBT opened at $42.64 on Monday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a twelve month low of $36.91 and a twelve month high of $49.00. The company has a market cap of $441.32 million, a P/E ratio of 24.73 and a beta of 1.22. The company’s fifty day simple moving average is $45.67 and its 200-day simple moving average is $45.10.

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.