Flaharty Asset Management LLC Reduces Stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Flaharty Asset Management LLC lowered its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,880 shares of the company’s stock after selling 1,249 shares during the period. Flaharty Asset Management LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $1,133,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ROBT. International Assets Investment Management LLC purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter worth about $27,607,000. Raymond James & Associates lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 116.5% in the fourth quarter. Raymond James & Associates now owns 276,713 shares of the company’s stock worth $12,599,000 after purchasing an additional 148,893 shares during the last quarter. LPL Financial LLC lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 22.7% in the third quarter. LPL Financial LLC now owns 769,133 shares of the company’s stock worth $31,158,000 after purchasing an additional 142,131 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 332.6% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 146,731 shares of the company’s stock valued at $5,944,000 after acquiring an additional 112,809 shares in the last quarter. Finally, Spectrum Wealth Advisory Group LLC bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter valued at approximately $4,213,000.

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

Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF stock traded up $0.34 on Monday, hitting $42.62. 8,027 shares of the company traded hands, compared to its average volume of 84,149. The company has a market cap of $528.49 million, a PE ratio of 28.36 and a beta of 1.43. The stock’s 50 day moving average price is $44.24 and its 200-day moving average price is $43.04. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52 week low of $36.38 and a 52 week high of $47.71.

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.