First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 17.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,926 shares of the company’s stock after selling 2,436 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.12% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $522,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 35.7% during the third quarter. Arkadios Wealth Advisors now owns 6,594 shares of the company’s stock worth $289,000 after purchasing an additional 1,733 shares in the last quarter. Values First Advisors Inc. acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at $43,000. Mattson Financial Services LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 2nd quarter valued at $490,000. Sanctuary Advisors LLC purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 2nd quarter worth $209,000. Finally, Brown Financial Advisors acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the second quarter worth $40,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Up 0.8 %

ROBT opened at $47.19 on Friday. The company has a market cap of $469.54 million, a price-to-earnings ratio of 29.47 and a beta of 1.22. The firm’s fifty day simple moving average is $43.24 and its two-hundred day simple moving average is $42.75. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $36.91 and a 52-week high of $47.21.

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.