First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Sets New 1-Year High – Here’s What Happened

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)’s share price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $61.08 and last traded at $61.04, with a volume of 34260 shares traded. The stock had previously closed at $60.19.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 1.5%

The firm has a market cap of $800.53 million, a price-to-earnings ratio of 27.26 and a beta of 1.30. The firm has a 50-day moving average of $58.47 and a two-hundred day moving average of $54.86.

Institutional Trading of First Trust Nasdaq Artificial Intelligence and Robotics ETF

Several institutional investors have recently made changes to their positions in ROBT. Allied Private Wealth LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter valued at $29,000. CPR Investments Inc. acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 1st quarter worth about $242,000. Sunbelt Securities Inc. grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 234.8% during the first quarter. Sunbelt Securities Inc. now owns 6,317 shares of the company’s stock valued at $292,000 after purchasing an additional 4,430 shares during the last quarter. Accel Wealth Management increased its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 12.8% in the 2nd quarter. Accel Wealth Management now owns 5,314 shares of the company’s stock valued at $299,000 after buying an additional 601 shares during the period. Finally, Bessemer Group Inc. raised its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.2% during the 1st 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.

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.