ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Sets New 1-Year High – Here’s What Happened

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $80.23 and last traded at $80.18, with a volume of 83324 shares. The stock had previously closed at $78.81.

ROBO Global Robotics & Automation ETF Price Performance

The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 23.13 and a beta of 1.33. The firm has a fifty day moving average of $73.87 and a 200 day moving average of $71.41.

Institutional Trading of ROBO Global Robotics & Automation ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC grew its holdings in ROBO Global Robotics & Automation ETF by 593.3% in the first quarter. NewEdge Advisors LLC now owns 6,441 shares of the company’s stock valued at $332,000 after purchasing an additional 5,512 shares during the period. JPMorgan Chase & Co. grew its holdings in ROBO Global Robotics & Automation ETF by 280.8% in the second quarter. JPMorgan Chase & Co. now owns 6,006 shares of the company’s stock valued at $359,000 after purchasing an additional 4,429 shares during the period. Captrust Financial Advisors grew its holdings in ROBO Global Robotics & Automation ETF by 6.4% in the second quarter. Captrust Financial Advisors now owns 22,778 shares of the company’s stock valued at $1,362,000 after purchasing an additional 1,367 shares during the period. Farther Finance Advisors LLC grew its holdings in ROBO Global Robotics & Automation ETF by 16.1% in the third quarter. Farther Finance Advisors LLC now owns 4,501 shares of the company’s stock valued at $295,000 after purchasing an additional 623 shares during the period. Finally, Curbstone Financial Management Corp grew its holdings in ROBO Global Robotics & Automation ETF by 13.3% in the third quarter. Curbstone Financial Management Corp now owns 23,540 shares of the company’s stock valued at $1,543,000 after purchasing an additional 2,760 shares during the period.

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.