Shares of ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO – Get Free Report) saw unusually-strong trading volume on Monday . 299,194 shares were traded during trading, an increase of 33% from the previous session’s volume of 225,630 shares.The stock last traded at $86.44 and had previously closed at $86.00.
ROBO Global Robotics & Automation ETF Price Performance
The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 23.13 and a beta of 1.40. The business’s 50-day moving average price is $83.27 and its two-hundred day moving average price is $76.22.
Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Archer Investment Corp acquired a new stake in shares of ROBO Global Robotics & Automation ETF during the 4th quarter worth $30,000. Atlas Capital Advisors Inc. acquired a new stake in ROBO Global Robotics & Automation ETF during the fourth quarter worth about $39,000. Strive Financial Group LLC bought a new position in ROBO Global Robotics & Automation ETF in the 4th quarter valued at about $264,000. NewEdge Advisors LLC increased its holdings in ROBO Global Robotics & Automation ETF by 593.3% in the 1st quarter. NewEdge Advisors LLC now owns 6,441 shares of the company’s stock valued at $332,000 after buying an additional 5,512 shares during the period. Finally, JPMorgan Chase & Co. raised 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 valued at $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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