UBS Group AG Sells 18,739 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

UBS Group AG decreased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 20.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 73,022 shares of the company’s stock after selling 18,739 shares during the period. UBS Group AG’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $3,787,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in ROBT. Raymond James Financial Inc. raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.8% in the second quarter. Raymond James Financial Inc. now owns 151,064 shares of the company’s stock worth $7,296,000 after acquiring an additional 4,081 shares during the period. Ameriprise Financial Inc. raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 4.1% in the second quarter. Ameriprise Financial Inc. now owns 172,829 shares of the company’s stock worth $8,352,000 after acquiring an additional 6,731 shares during the period. Benjamin Edwards Inc. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 49.1% in the second quarter. Benjamin Edwards Inc. now owns 72,523 shares of the company’s stock valued at $3,503,000 after purchasing an additional 23,879 shares during the period. Great Valley Advisor Group Inc. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter valued at approximately $240,000. Finally, MML Investors Services LLC lifted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 30.8% during the 2nd quarter. MML Investors Services LLC now owns 44,356 shares of the company’s stock valued at $2,142,000 after buying an additional 10,433 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 1.8%

Shares of ROBT stock opened at $55.87 on Friday. The stock has a market capitalization of $731.90 million, a P/E ratio of 27.26 and a beta of 1.24. The firm’s 50 day moving average is $50.09 and its 200 day moving average is $51.49. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $43.55 and a 12 month high of $56.64.

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.