Sargent Investment Group LLC Reduces Stock Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Sargent Investment Group LLC decreased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 51,665 shares of the company’s stock after selling 312 shares during the quarter. Sargent Investment Group LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $2,352,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in ROBT. Baker Tilly Wealth Management LLC raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 0.9% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 28,381 shares of the company’s stock worth $1,292,000 after buying an additional 252 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,975 shares of the company’s stock valued at $242,000 after purchasing an additional 314 shares in the last quarter. Capital Investment Advisory Services LLC boosted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 6,805 shares of the company’s stock worth $310,000 after purchasing an additional 329 shares in the last quarter. 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 valued at $34,000 after purchasing an additional 351 shares during the last quarter. Finally, TAP Consulting LLC increased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.5% in the third quarter. TAP Consulting LLC now owns 35,059 shares of the company’s stock valued at $1,420,000 after buying an additional 529 shares in the last quarter.

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

Shares of NASDAQ:ROBT traded up $0.64 during midday trading on Friday, hitting $42.28. 51,897 shares of the stock were exchanged, compared to its average volume of 85,105. The stock has a market cap of $524.27 million, a P/E ratio of 28.36 and a beta of 1.43. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a twelve month low of $36.38 and a twelve month high of $47.71. The company has a 50 day moving average price of $44.24 and a 200-day moving average price of $43.00.

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.