International Assets Investment Management LLC Takes Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

May 20, 2024

37 2 minutes read

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International Assets Investment Management LLC acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,317 shares of the company’s stock, valued at approximately $606,000. International Assets Investment Management LLC owned about 0.12% of First Trust Nasdaq Artificial Intelligence and Robotics ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sunbelt Securities Inc. bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter worth $75,000. SRS Capital Advisors Inc. purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter valued at about $87,000. Arkadios Wealth Advisors purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $203,000. Cottage Street Advisors LLC bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the third quarter valued at about $232,000. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 24.4% in the third quarter. Avantax Advisory Services Inc. now owns 8,046 shares of the company’s stock worth $326,000 after buying an additional 1,576 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Down 0.3 %

Shares of NASDAQ:ROBT opened at $43.73 on Monday. The company has a 50 day moving average of $43.57 and a 200 day moving average of $43.58. The stock has a market cap of $546.63 million, a P/E ratio of 29.47 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $36.38 and a 12 month high of $47.71.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Profile

(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.