First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Trading Down 1.2% – Here’s What Happened

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBTGet Free Report) was down 1.2% during mid-day trading on Thursday . The stock traded as low as $54.40 and last traded at $54.63. Approximately 24,662 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 72,120 shares. The stock had previously closed at $55.30.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Down 1.2%

The firm’s fifty day moving average price is $55.68 and its 200-day moving average price is $52.49. The company has a market cap of $715.65 million, a P/E ratio of 27.26 and a beta of 1.27.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.0094 per share. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On First Trust Nasdaq Artificial Intelligence and Robotics ETF

Several large investors have recently added to or reduced their stakes in ROBT. Orion Porfolio Solutions LLC lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.6% during the 4th quarter. Orion Porfolio Solutions LLC now owns 8,372 shares of the company’s stock worth $434,000 after acquiring an additional 213 shares during the period. HighTower Advisors LLC increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.4% in the fourth quarter. HighTower Advisors LLC now owns 4,248 shares of the company’s stock valued at $220,000 after acquiring an additional 219 shares during the period. NewEdge Advisors LLC increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 0.9% in the first quarter. NewEdge Advisors LLC now owns 26,484 shares of the company’s stock valued at $1,222,000 after acquiring an additional 234 shares during the period. Comerica Bank increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 8.5% in the third quarter. Comerica Bank now owns 3,193 shares of the company’s stock valued at $169,000 after acquiring an additional 250 shares during the period. Finally, Bessemer Group Inc. raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.2% in the first quarter. Bessemer Group Inc. now owns 8,095 shares of the company’s stock worth $374,000 after purchasing an additional 250 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company Profile

(Get Free Report)

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.

Further Reading

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