ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Reaches New 12-Month High – What’s Next?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.06 and last traded at $78.5960, with a volume of 148760 shares traded. The stock had previously closed at $77.60.

ROBO Global Robotics & Automation ETF Stock Up 1.5%

The firm has a market capitalization of $1.63 billion, a P/E ratio of 23.13 and a beta of 1.29. The business’s 50 day moving average is $73.07 and its two-hundred day moving average is $68.88.

ROBO Global Robotics & Automation ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.2922 per share. This represents a yield of 42.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of ROBO Global Robotics & Automation ETF

Institutional investors have recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in ROBO Global Robotics & Automation ETF in the 3rd quarter worth about $3,278,000. Fortis Group Advisors LLC raised its position in ROBO Global Robotics & Automation ETF by 3,628.9% during the third quarter. Fortis Group Advisors LLC now owns 18,719 shares of the company’s stock valued at $1,301,000 after acquiring an additional 18,217 shares in the last quarter. Strategic Blueprint LLC acquired a new position in shares of ROBO Global Robotics & Automation ETF during the 3rd quarter worth $2,839,000. Western Wealth Management LLC bought a new position in shares of ROBO Global Robotics & Automation ETF during the 2nd quarter valued at $201,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of ROBO Global Robotics & Automation ETF by 15.5% in the 4th quarter. Farther Finance Advisors LLC now owns 5,200 shares of the company’s stock valued at $360,000 after purchasing an additional 699 shares during the last quarter.

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.