Independent Financial Group LLC Acquires New Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

Independent Financial Group LLC bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) in the 1st quarter, Holdings Channel.com reports. The fund bought 11,250 shares of the company’s stock, valued at approximately $519,000.

Several other hedge funds also recently modified their holdings of the business. Farther Finance Advisors LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter valued at $47,000. Bank of Montreal Can increased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 390.0% during the fourth quarter. Bank of Montreal Can now owns 980 shares of the company’s stock worth $51,000 after buying an additional 780 shares during the last quarter. Intesa Sanpaolo Wealth Management acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter worth $60,000. Advisory Services Network LLC bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the third quarter valued at about $62,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 14.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,145 shares of the company’s stock valued at $163,000 after buying an additional 400 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of NASDAQ:ROBT opened at $52.82 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a fifty-two week low of $44.01 and a fifty-two week high of $60.44. The business has a 50-day moving average of $55.60 and a two-hundred day moving average of $52.54. The stock has a market capitalization of $691.94 million, a P/E ratio of 27.26 and a beta of 1.27.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.0094 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.