New England Capital Financial Advisors LLC Increases Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

New England Capital Financial Advisors LLC lifted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 90.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 741 shares of the company’s stock after purchasing an additional 351 shares during the period. New England Capital Financial Advisors LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $34,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. LPL Financial LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 22.7% in the third quarter. LPL Financial LLC now owns 769,133 shares of the company’s stock worth $31,158,000 after buying an additional 142,131 shares in the last quarter. International Assets Investment Management LLC bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter worth approximately $27,607,000. Raymond James & Associates raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 116.5% in the fourth quarter. Raymond James & Associates now owns 276,713 shares of the company’s stock worth $12,599,000 after buying an additional 148,893 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 332.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 146,731 shares of the company’s stock worth $5,944,000 after buying an additional 112,809 shares in the last quarter. Finally, Mariner LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.5% in the third quarter. Mariner LLC now owns 144,225 shares of the company’s stock worth $5,843,000 after buying an additional 3,545 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

NASDAQ:ROBT traded up $0.70 during trading hours on Tuesday, reaching $41.93. The company’s stock had a trading volume of 92,355 shares, compared to its average volume of 86,388. The company has a market capitalization of $519.93 million, a P/E ratio of 29.48 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $36.38 and a 12 month high of $47.71. The stock has a 50 day moving average price of $44.43 and a two-hundred day moving average price of $43.00.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Profile

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.