Crescent Grove Advisors LLC Lowers Holdings in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Crescent Grove Advisors LLC reduced its position in shares of ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 9.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,208 shares of the company’s stock after selling 455 shares during the quarter. Crescent Grove Advisors LLC’s holdings in ROBO Global Robotics & Automation ETF were worth $240,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. BNP Paribas Financial Markets increased its holdings in shares of ROBO Global Robotics & Automation ETF by 361.4% in the 1st quarter. BNP Paribas Financial Markets now owns 1,495 shares of the company’s stock worth $88,000 after purchasing an additional 1,171 shares in the last quarter. Curbstone Financial Management Corp increased its holdings in ROBO Global Robotics & Automation ETF by 1.0% in the 2nd quarter. Curbstone Financial Management Corp now owns 20,830 shares of the company’s stock worth $1,148,000 after buying an additional 200 shares in the last quarter. Adirondack Trust Co. purchased a new position in ROBO Global Robotics & Automation ETF in the 2nd quarter worth about $50,000. Burke & Herbert Bank & Trust Co. bought a new position in ROBO Global Robotics & Automation ETF during the 2nd quarter valued at about $1,111,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of ROBO Global Robotics & Automation ETF by 6.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 8,109 shares of the company’s stock valued at $443,000 after acquiring an additional 469 shares during the last quarter.

ROBO Global Robotics & Automation ETF Stock Up 2.2 %

ROBO opened at $57.83 on Thursday. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 28.27 and a beta of 1.28. The firm has a 50 day moving average price of $55.46 and a 200-day moving average price of $55.37. ROBO Global Robotics & Automation ETF has a twelve month low of $47.76 and a twelve month high of $59.75.

About ROBO Global Robotics & Automation ETF

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.