First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT Stock Purchased by IronBridge Private Wealth LLC

IronBridge Private Wealth LLC grew its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 18.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,616 shares of the company’s stock after purchasing an additional 11,408 shares during the period. First Trust Nasdaq Artificial Intelligence and Robotics ETF comprises approximately 1.3% of IronBridge Private Wealth LLC’s investment portfolio, making the stock its 25th largest position. IronBridge Private Wealth LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $4,420,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ROBT. Bank of America Corp DE grew its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 14.3% during the 1st quarter. Bank of America Corp DE now owns 492,874 shares of the company’s stock valued at $22,751,000 after purchasing an additional 61,725 shares during the last quarter. Envestnet Asset Management Inc. increased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 285,440 shares of the company’s stock worth $16,059,000 after purchasing an additional 54,416 shares in the last quarter. Royal Bank of Canada boosted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 8.4% in the first quarter. Royal Bank of Canada now owns 225,517 shares of the company’s stock valued at $10,410,000 after buying an additional 17,495 shares in the last quarter. Gateway Wealth Partners LLC boosted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 107.4% in the first quarter. Gateway Wealth Partners LLC now owns 89,946 shares of the company’s stock valued at $4,152,000 after buying an additional 46,582 shares in the last quarter. Finally, ABLE Financial Group LLC grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 9.0% during the third quarter. ABLE Financial Group LLC now owns 60,048 shares of the company’s stock worth $3,557,000 after buying an additional 4,951 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

NASDAQ ROBT opened at $52.67 on Monday. The firm’s fifty day moving average price is $58.20 and its two-hundred day moving average price is $54.47. The stock has a market cap of $682.08 million, a PE ratio of 27.26 and a beta of 1.32. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a fifty-two week low of $44.01 and a fifty-two week high of $61.72.

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.