Thursday, October 17, 2024
HomeFinnacial"Brown Financial buys shares in First Trust AI ETF (ROBT)"

“Brown Financial buys shares in First Trust AI ETF (ROBT)”

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Several institutional investors changed their stakes in the First Trust Nasdaq Artificial Intelligence and Robotics ETF. Sunbelt Securities increased its investment by 15.4%, owning 2,137 shares valued at $97,000 after adding 285 shares. Oppenheimer & Co. raised its stake by 1.4% with 22,697 shares worth $1,027,000 after purchasing 304 more. Avantax Advisory Services grew its investment by 5.3% to 7,829 shares valued at $354,000 with an addition of 394 shares. 1832 Asset Management increased its holdings by 23.0% to 2,217 shares worth $94,000 after acquiring 414. J.W. Cole Advisors boosted its stake by 9.9% to 4,967 shares valued at $210,000 after buying 446 shares.

Stock Performance

Shares of ROBT opened at $43.31. The stock’s 50-day average is $41.79, and its 200-day average is $42.67. It has a 12-month low of $36.38 and a high of $46.79. The market cap is $448.26 million, with a P/E ratio of 29.47 and a beta of 1.22.

About the ETF

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that invests mainly in stocks focused on artificial intelligence and robotics. It was launched on February 21, 2018, and is managed by First Trust.

Read More

Curious about other hedge funds holding ROBT? Visit HoldingsChannel.com for the latest 13F filings and insider trades for First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT Free Report).

Institutional Ownership by Quarter for First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

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