23,854 Shares of VanEck Robotics ETF $IBOT Bought by Ethic Inc.

Ethic Inc. purchased a new stake in shares of VanEck Robotics ETF (NASDAQ:IBOT) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 23,854 shares of the company’s stock, valued at approximately $1,540,000.

Several other institutional investors also recently modified their holdings of IBOT. First Heartland Consultants Inc. purchased a new stake in VanEck Robotics ETF in the second quarter valued at approximately $420,000. Commonwealth Equity Services LLC bought a new stake in VanEck Robotics ETF during the third quarter valued at approximately $267,000. Accel Wealth Management grew its stake in VanEck Robotics ETF by 30.4% in the 2nd quarter. Accel Wealth Management now owns 14,667 shares of the company’s stock worth $1,009,000 after buying an additional 3,420 shares in the last quarter. Investment Insight Wealth Management LLC grew its stake in VanEck Robotics ETF by 22.2% in the 3rd quarter. Investment Insight Wealth Management LLC now owns 8,180 shares of the company’s stock worth $528,000 after buying an additional 1,486 shares in the last quarter. Finally, SBE LLC DBA Cedar Cove Wealth Partners grew its stake in VanEck Robotics ETF by 2.6% in the 3rd quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 56,421 shares of the company’s stock worth $3,643,000 after buying an additional 1,449 shares in the last quarter.

VanEck Robotics ETF Price Performance

Shares of NASDAQ:IBOT opened at $60.40 on Friday. The company’s fifty day moving average price is $63.38 and its 200-day moving average price is $62.43. The firm has a market capitalization of $96.64 million, a price-to-earnings ratio of 26.96 and a beta of 1.38. VanEck Robotics ETF has a one year low of $47.92 and a one year high of $69.42.

VanEck Robotics ETF Company Profile

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.