Biltmore Family Office LLC Buys 10,966 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

Biltmore Family Office LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 8.1% in the second quarter, Holdings Channel reports. The firm owned 145,581 shares of the company’s stock after acquiring an additional 10,966 shares during the quarter. First Trust Nasdaq Artificial Intelligence and Robotics ETF comprises approximately 1.2% of Biltmore Family Office LLC’s investment portfolio, making the stock its 12th biggest position. Biltmore Family Office LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $7,032,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 19.0% in the first quarter. Cetera Investment Advisers now owns 49,821 shares of the company’s stock valued at $2,026,000 after purchasing an additional 7,965 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 149,854 shares of the company’s stock worth $6,095,000 after acquiring an additional 9,875 shares during the period. Private Advisor Group LLC boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 13.6% during the 1st quarter. Private Advisor Group LLC now owns 6,531 shares of the company’s stock worth $266,000 after acquiring an additional 781 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 29.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,202 shares of the company’s stock worth $58,000 after acquiring an additional 270 shares during the period. Finally, Apollon Financial LLC boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 25.3% during the 2nd quarter. Apollon Financial LLC now owns 10,986 shares of the company’s stock worth $531,000 after acquiring an additional 2,221 shares during the period.

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

Shares of NASDAQ ROBT opened at $55.92 on Wednesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $34.38 and a 12 month high of $56.64. The stock has a 50 day moving average of $52.85 and a 200-day moving average of $48.43. The company has a market capitalization of $679.43 million, a P/E ratio of 27.26 and a beta of 1.23.

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.