Sargent Investment Group LLC Decreases Stock Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Sargent Investment Group LLC reduced its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 8.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 37,870 shares of the company’s stock after selling 3,330 shares during the period. Sargent Investment Group LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $1,667,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gradient Investments LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 43.4% in the 4th quarter. Gradient Investments LLC now owns 126,128 shares of the company’s stock valued at $5,681,000 after purchasing an additional 38,149 shares during the last quarter. Biltmore Family Office LLC grew its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.3% in the 3rd quarter. Biltmore Family Office LLC now owns 121,649 shares of the company’s stock valued at $5,327,000 after buying an additional 2,708 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter valued at about $4,146,000. Janney Montgomery Scott LLC boosted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 80,598 shares of the company’s stock worth $3,630,000 after acquiring an additional 5,196 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter valued at $3,029,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 2.2 %

Shares of ROBT opened at $47.48 on Wednesday. The stock’s fifty day simple moving average is $46.41 and its 200 day simple moving average is $44.28. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a twelve month low of $36.91 and a twelve month high of $48.73. The firm has a market capitalization of $491.42 million, a P/E ratio of 29.47 and a beta of 1.22.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.223 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company 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.