Sargent Investment Group LLC Sells 312 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Sargent Investment Group LLC cut its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,665 shares of the company’s stock after selling 312 shares during the quarter. Sargent Investment Group LLC owned approximately 0.47% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $2,352,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROBT. Commonwealth Equity Services LLC boosted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 18.1% during the third quarter. Commonwealth Equity Services LLC now owns 44,779 shares of the company’s stock valued at $1,814,000 after buying an additional 6,878 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 32.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 122,099 shares of the company’s stock valued at $4,946,000 after purchasing an additional 29,727 shares in the last quarter. Raymond James & Associates raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.1% during the third quarter. Raymond James & Associates now owns 127,820 shares of the company’s stock valued at $5,178,000 after purchasing an additional 1,366 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 332.6% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 146,731 shares of the company’s stock worth $5,944,000 after buying an additional 112,809 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of 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 worth $242,000 after buying an additional 314 shares during the last quarter.

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

ROBT traded up $0.64 on Friday, hitting $42.28. The company had a trading volume of 51,897 shares, compared to its average volume of 85,105. The company has a market cap of $524.27 million, a PE ratio of 28.36 and a beta of 1.43. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12-month low of $36.38 and a 12-month high of $47.71. The business’s fifty day simple moving average is $44.24 and its 200 day simple moving average is $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.