ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Hits New 1-Year High – What’s Next?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)’s stock price reached a new 52-week high on Monday . The company traded as high as $74.99 and last traded at $75.0510, with a volume of 31372 shares changing hands. The stock had previously closed at $74.41.

ROBO Global Robotics & Automation ETF Trading Up 1.2%

The stock has a market capitalization of $1.56 billion, a PE ratio of 23.13 and a beta of 1.29. The company’s 50-day moving average is $71.56 and its 200 day moving average is $67.78.

ROBO Global Robotics & Automation ETF Dividend Announcement

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

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

Several hedge funds have recently made changes to their positions in ROBO. Archer Investment Corp purchased a new stake in shares of ROBO Global Robotics & Automation ETF in the 4th quarter valued at about $30,000. Farther Finance Advisors LLC boosted its stake in ROBO Global Robotics & Automation ETF by 15.5% during the 4th quarter. Farther Finance Advisors LLC now owns 5,200 shares of the company’s stock worth $360,000 after purchasing an additional 699 shares during the period. Curbstone Financial Management Corp grew its position in ROBO Global Robotics & Automation ETF by 4.0% during the 4th 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 during the last quarter. JPMorgan Chase & Co. boosted its holdings in ROBO Global Robotics & Automation ETF by 63.2% during the third quarter. JPMorgan Chase & Co. now owns 9,802 shares of the company’s stock worth $643,000 after buying an additional 3,796 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in ROBO Global Robotics & Automation ETF by 424.1% during the third quarter. NewEdge Advisors LLC now owns 7,814 shares of the company’s stock worth $512,000 after buying an additional 6,323 shares during the period.

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.