ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 207,312 shares traded hands during trading, a decline of 4% from the previous session’s volume of 215,342 shares.The stock last traded at $86.28 and had previously closed at $88.58.
ROBO Global Robotics & Automation ETF Stock Down 4.6%
The stock’s fifty day simple moving average is $80.10 and its 200-day simple moving average is $74.83. The company has a market capitalization of $1.85 billion, a PE ratio of 23.13 and a beta of 1.40.
Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Archer Investment Corp purchased a new stake in ROBO Global Robotics & Automation ETF during the fourth quarter worth $30,000. Atlas Capital Advisors Inc. purchased a new position in shares of ROBO Global Robotics & Automation ETF in the fourth quarter valued at $39,000. Strive Financial Group LLC acquired a new position in shares of ROBO Global Robotics & Automation ETF during the 4th quarter worth $264,000. NewEdge Advisors LLC raised its stake in shares of ROBO Global Robotics & Automation ETF by 593.3% during the 1st quarter. NewEdge Advisors LLC now owns 6,441 shares of the company’s stock worth $332,000 after buying an additional 5,512 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of ROBO Global Robotics & Automation ETF by 280.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,006 shares of the company’s stock worth $359,000 after buying an additional 4,429 shares in the last quarter.
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.
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