J.W. Cole Advisors Inc. Increases Stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

J.W. Cole Advisors Inc. increased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 9.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,967 shares of the company’s stock after buying an additional 446 shares during the period. J.W. Cole Advisors Inc.’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $210,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. increased its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 15.4% in the 1st quarter. Sunbelt Securities Inc. now owns 2,137 shares of the company’s stock valued at $97,000 after acquiring an additional 285 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 22,697 shares of the company’s stock worth $1,027,000 after acquiring an additional 304 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.3% in the first quarter. Avantax Advisory Services Inc. now owns 7,829 shares of the company’s stock valued at $354,000 after acquiring an additional 394 shares during the last quarter. American Institute for Advanced Investment Management LLP boosted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.7% in the first quarter. American Institute for Advanced Investment Management LLP now owns 13,328 shares of the company’s stock valued at $603,000 after acquiring an additional 472 shares in the last quarter. Finally, Atria Investments Inc grew its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.7% during the first quarter. Atria Investments Inc now owns 34,014 shares of the company’s stock worth $1,539,000 after purchasing an additional 572 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

ROBT opened at $42.97 on Friday. The stock has a market capitalization of $492.01 million, a P/E ratio of 29.47 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a one year low of $36.38 and a one year high of $46.79. The business’s 50-day simple moving average is $41.90 and its 200-day simple moving average is $42.83.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.0844 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.34 dividend on an annualized basis and a yield of 0.79%.

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.