Brown Financial Advisors Buys New Shares in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Brown Financial Advisors purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 952 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors have also added to or reduced their stakes in the business. Sunbelt Securities Inc. lifted its stake 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. lifted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.4% in the first quarter. Oppenheimer & Co. Inc. now owns 22,697 shares of the company’s stock valued at $1,027,000 after purchasing an additional 304 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of 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 valued at $354,000 after purchasing an additional 394 shares during the period. 1832 Asset Management L.P. grew its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.0% in the second quarter. 1832 Asset Management L.P. now owns 2,217 shares of the company’s stock worth $94,000 after purchasing an additional 414 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 9.9% in the second quarter. J.W. Cole Advisors Inc. now owns 4,967 shares of the company’s stock worth $210,000 after buying an additional 446 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Up 0.5 %

Shares of ROBT opened at $43.31 on Thursday. The firm has a fifty day simple moving average of $41.79 and a two-hundred day simple moving average of $42.67. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a twelve month low of $36.38 and a twelve month high of $46.79. The stock has a market capitalization of $448.26 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.