ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Reaches New 12-Month High – What’s Next?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $79.06 and last traded at $78.5960, with a volume of 148760 shares trading hands. The stock had previously closed at $77.60.

ROBO Global Robotics & Automation ETF Trading Up 1.5%

The company’s fifty day moving average is $73.07 and its 200-day moving average is $68.88. The firm has a market capitalization of $1.63 billion, a P/E ratio of 23.13 and a beta of 1.29.

ROBO Global Robotics & Automation ETF Dividend Announcement

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

Institutional Investors Weigh In On ROBO Global Robotics & Automation ETF

Several hedge funds have recently modified their holdings of ROBO. Crews Bank & Trust increased its position in ROBO Global Robotics & Automation ETF by 354.0% during the third quarter. Crews Bank & Trust now owns 454 shares of the company’s stock worth $30,000 after acquiring an additional 354 shares during the period. Archer Investment Corp acquired a new stake in ROBO Global Robotics & Automation ETF in the 4th quarter worth $30,000. Cloud Capital Management LLC bought a new position in shares of ROBO Global Robotics & Automation ETF during the 3rd quarter worth about $38,000. Atlas Capital Advisors Inc. acquired a new position in shares of ROBO Global Robotics & Automation ETF during the fourth quarter valued at about $39,000. Finally, GPS Wealth Strategies Group LLC raised its position in shares of ROBO Global Robotics & Automation ETF by 2,118.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 2,263 shares of the company’s stock valued at $148,000 after buying an additional 2,161 shares during 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.