Commonwealth Equity Services LLC Reduces Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Commonwealth Equity Services LLC trimmed its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 9.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,722 shares of the company’s stock after selling 3,830 shares during the period. Commonwealth Equity Services LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $1,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of ROBT. Sherman Asset Management Inc. purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $46,000. First Horizon Advisors Inc. purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter valued at approximately $49,000. Elevation Wealth Partners LLC acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at approximately $49,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock worth $57,000 after purchasing an additional 707 shares in the last quarter. Finally, Whipplewood Advisors LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter worth approximately $102,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

NASDAQ:ROBT opened at $41.23 on Friday. The company has a 50 day moving average price of $45.44 and a 200-day moving average price of $45.14. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1-year low of $36.91 and a 1-year high of $49.00. The firm has a market cap of $426.73 million, a price-to-earnings ratio of 24.89 and a beta of 1.22.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company 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.