Gateway Wealth Partners LLC increased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT – Free Report) by 107.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 89,946 shares of the company’s stock after purchasing an additional 46,582 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $4,152,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the company. Vivaldi Capital Management LP increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.9% in the first quarter. Vivaldi Capital Management LP now owns 13,030 shares of the company’s stock valued at $601,000 after acquiring an additional 839 shares during the last quarter. Bessemer Group Inc. lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.2% during the first quarter. Bessemer Group Inc. now owns 8,095 shares of the company’s stock worth $374,000 after purchasing an additional 250 shares during the last quarter. Independent Financial Group LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 1st quarter valued at $519,000. Granite Bay Wealth Management LLC boosted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.8% in the 1st quarter. Granite Bay Wealth Management LLC now owns 61,530 shares of the company’s stock valued at $2,840,000 after purchasing an additional 3,352 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.9% in the 1st quarter. Kestra Advisory Services LLC now owns 62,763 shares of the company’s stock valued at $2,897,000 after purchasing an additional 4,579 shares in the last quarter.
First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance
Shares of ROBT opened at $53.72 on Tuesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $44.01 and a 52-week high of $60.44. The firm has a market cap of $703.73 million, a price-to-earnings ratio of 27.26 and a beta of 1.27. The business’s fifty day moving average is $55.59 and its 200-day moving average is $52.52.
First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement
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.
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