Mutual Advisors LLC Takes $4.34 Million Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

Mutual Advisors LLC purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 78,613 shares of the company’s stock, valued at approximately $4,335,000. Mutual Advisors LLC owned about 0.64% of First Trust Nasdaq Artificial Intelligence and Robotics ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hazlett Burt & Watson Inc. bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter worth approximately $42,000. Activest Wealth Management purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the third quarter valued at $69,000. Root Financial Partners LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter worth $28,000. Retirement Planning Group LLC bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at approximately $532,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter worth $212,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Down 2.6%

NASDAQ:ROBT opened at $51.90 on Monday. The firm has a 50-day moving average price of $53.19 and a 200 day moving average price of $52.52. The firm has a market capitalization of $682.49 million, a PE ratio of 27.26 and a beta of 1.23. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12-month low of $34.38 and a 12-month high of $56.64.

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.