Silver Oak Securities Incorporated Sells 422 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Silver Oak Securities Incorporated reduced its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 7.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,311 shares of the company’s stock after selling 422 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $242,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Raymond James & Associates lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 116.5% in the fourth quarter. Raymond James & Associates now owns 276,713 shares of the company’s stock worth $12,599,000 after buying an additional 148,893 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the third quarter valued at $75,000. SFI Advisors LLC raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 31.5% in the fourth quarter. SFI Advisors LLC now owns 91,431 shares of the company’s stock valued at $4,163,000 after acquiring an additional 21,922 shares during the period. HBK Sorce Advisory LLC purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at $209,000. Finally, Stifel Financial Corp raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 79.8% in the third quarter. Stifel Financial Corp now owns 75,492 shares of the company’s stock valued at $3,058,000 after acquiring an additional 33,505 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Down 0.2 %

Shares of ROBT opened at $41.84 on Thursday. The company’s fifty day simple moving average is $44.13 and its 200-day simple moving average is $43.08. The company has a market cap of $518.82 million, a P/E ratio of 28.36 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a twelve month low of $36.38 and a twelve month high of $47.71.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

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.