First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors lowered its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 71.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,746 shares of the company’s stock after selling 40,075 shares during the period. Arkadios Wealth Advisors owned approximately 0.15% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $761,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Biltmore Family Office LLC increased its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 8.1% during the second quarter. Biltmore Family Office LLC now owns 145,581 shares of the company’s stock valued at $7,032,000 after purchasing an additional 10,966 shares during the period. Envestnet Asset Management Inc. grew its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 12.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 168,668 shares of the company’s stock valued at $8,147,000 after buying an additional 18,814 shares in the last quarter. Brookstone Capital Management bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 2nd quarter valued at about $273,000. D.A. Davidson & CO. acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter valued at about $208,000. Finally, Stratos Wealth Partners LTD. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 4.9% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 8,085 shares of the company’s stock worth $391,000 after buying an additional 377 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

First Trust Nasdaq Artificial Intelligence and Robotics ETF stock opened at $55.97 on Monday. The firm has a 50 day simple moving average of $53.21 and a 200-day simple moving average of $48.86. The stock has a market capitalization of $680.04 million, a PE ratio of 27.26 and a beta of 1.23. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12-month low of $34.38 and a 12-month high of $56.64.

First Trust Nasdaq Artificial Intelligence and Robotics ETF 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.