TAP Consulting LLC Has $1.72 Million Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

TAP Consulting LLC raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 7.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 37,723 shares of the company’s stock after buying an additional 2,664 shares during the quarter. TAP Consulting LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $1,718,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. New England Capital Financial Advisors LLC grew its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 90.0% in the fourth quarter. New England Capital Financial Advisors LLC now owns 741 shares of the company’s stock worth $34,000 after purchasing an additional 351 shares during the period. Princeton Global Asset Management LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at about $49,000. Sunbelt Securities Inc. bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at about $75,000. SRS Capital Advisors Inc. acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter worth approximately $87,000. Finally, CWM LLC boosted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 151.0% in the fourth quarter. CWM LLC now owns 3,097 shares of the company’s stock worth $141,000 after acquiring an additional 1,863 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

Shares of NASDAQ ROBT traded down $0.41 during midday trading on Thursday, hitting $41.64. 53,204 shares of the stock traded hands, compared to its average volume of 85,520. The business has a 50 day moving average price of $44.38 and a two-hundred day moving average price of $42.99. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a one year low of $36.38 and a one year high of $47.71. The company has a market cap of $516.34 million, a PE ratio of 29.48 and a beta of 1.22.

First Trust Nasdaq Artificial Intelligence and Robotics ETF 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.