Wealthquest Corp Purchases Shares of 1,085,420 ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Wealthquest Corp purchased a new stake in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) in the first quarter, HoldingsChannel reports. The institutional investor purchased 1,085,420 shares of the company’s stock, valued at approximately $55,899,000. ROBO Global Robotics & Automation ETF comprises about 5.4% of Wealthquest Corp’s investment portfolio, making the stock its 4th biggest holding. Wealthquest Corp owned 0.06% of ROBO Global Robotics & Automation ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Oarsman Capital Inc. lifted its stake in ROBO Global Robotics & Automation ETF by 34.5% in the fourth quarter. Oarsman Capital Inc. now owns 780 shares of the company’s stock valued at $44,000 after acquiring an additional 200 shares during the last quarter. Noble Wealth Management PBC lifted its stake in ROBO Global Robotics & Automation ETF by 106.1% in the first quarter. Noble Wealth Management PBC now owns 680 shares of the company’s stock valued at $35,000 after acquiring an additional 350 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of ROBO Global Robotics & Automation ETF during the 4th quarter worth about $38,000. Finally, OLD Mission Capital LLC acquired a new stake in shares of ROBO Global Robotics & Automation ETF during the 4th quarter worth about $2,061,000.

ROBO Global Robotics & Automation ETF Stock Performance

NYSEARCA ROBO opened at $57.86 on Wednesday. The firm has a 50-day moving average of $54.34 and a 200-day moving average of $55.40. The stock has a market cap of $1.01 billion, a PE ratio of 23.78 and a beta of 1.26. ROBO Global Robotics & Automation ETF has a 52-week low of $43.17 and a 52-week high of $61.30.

About ROBO Global Robotics & Automation ETF

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.