Envestnet Asset Management Inc. Buys 9,249 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Envestnet Asset Management Inc. raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 7.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 133,914 shares of the company’s stock after purchasing an additional 9,249 shares during the period. Envestnet Asset Management Inc.’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $5,670,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ROBT. Adirondack Trust Co. acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter worth about $49,000. North Star Investment Management Corp. acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 1st quarter worth about $70,000. Ashton Thomas Private Wealth LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter worth about $80,000. Sunbelt Securities Inc. grew its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 15.4% during the 1st quarter. Sunbelt Securities Inc. now owns 2,137 shares of the company’s stock worth $97,000 after acquiring an additional 285 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 47.6% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 4,620 shares of the company’s stock worth $209,000 after acquiring an additional 1,490 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of ROBT opened at $43.79 on Tuesday. The stock has a 50-day moving average of $41.80 and a 200-day moving average of $42.68. The company has a market cap of $501.40 million, a PE 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.

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.