ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Reaches New 1-Year High – Here’s Why

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $74.91 and last traded at $74.31, with a volume of 59356 shares trading hands. The stock had previously closed at $74.71.

ROBO Global Robotics & Automation ETF Trading Down 0.5%

The firm’s fifty day moving average is $70.40 and its 200-day moving average is $67.12. The stock has a market capitalization of $1.51 billion, a PE ratio of 23.13 and a beta of 1.29.

ROBO Global Robotics & Automation ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.2922 dividend. This represents a yield of 42.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ROBO. SG Americas Securities LLC purchased a new stake in shares of ROBO Global Robotics & Automation ETF in the 3rd quarter valued at $3,278,000. Strategic Blueprint LLC purchased a new stake in ROBO Global Robotics & Automation ETF during the third quarter worth about $2,839,000. Curbstone Financial Management Corp lifted its position in shares of ROBO Global Robotics & Automation ETF by 4.0% during the fourth quarter. Curbstone Financial Management Corp now owns 24,480 shares of the company’s stock worth $1,697,000 after purchasing an additional 940 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of ROBO Global Robotics & Automation ETF by 6.4% in the second quarter. Captrust Financial Advisors now owns 22,778 shares of the company’s stock valued at $1,362,000 after purchasing an additional 1,367 shares during the period. Finally, Fortis Group Advisors LLC grew its holdings in shares of ROBO Global Robotics & Automation ETF by 3,628.9% in the third quarter. Fortis Group Advisors LLC now owns 18,719 shares of the company’s stock valued at $1,301,000 after purchasing an additional 18,217 shares in the last quarter.

ROBO Global Robotics & Automation ETF Company Profile

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.