Vivaldi Capital Management LP Grows Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Vivaldi Capital Management LP raised its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 24.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,343 shares of the company’s stock after acquiring an additional 1,255 shares during the period. Vivaldi Capital Management LP owned approximately 0.06% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $297,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ROBT. Sherman Asset Management Inc. bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $46,000. Elevation Wealth Partners LLC bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $49,000. First Horizon Advisors Inc. bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $49,000. Whipplewood Advisors LLC bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $102,000. Finally, Accredited Wealth Management LLC bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $151,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Down 0.5%

Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF stock opened at $45.06 on Tuesday. The firm has a market capitalization of $461.87 million, a PE ratio of 26.38 and a beta of 1.22. The business’s 50-day moving average price is $41.08 and its 200-day moving average price is $44.42. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $34.38 and a 12 month high of $49.00.

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.