First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 276.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 809,743 shares of the company’s stock after buying an additional 594,815 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.06% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $41,999,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of ROBT. Raymond James Financial Inc. increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.8% in the 2nd quarter. Raymond James Financial Inc. now owns 151,064 shares of the company’s stock worth $7,296,000 after buying an additional 4,081 shares during the period. Ameriprise Financial Inc. grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 4.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 172,829 shares of the company’s stock worth $8,352,000 after purchasing an additional 6,731 shares during the period. Benjamin Edwards Inc. grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 49.1% during the 2nd quarter. Benjamin Edwards Inc. now owns 72,523 shares of the company’s stock worth $3,503,000 after purchasing an additional 23,879 shares during the period. Great Valley Advisor Group Inc. acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter worth approximately $240,000. Finally, MML Investors Services LLC grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 30.8% during the 2nd quarter. MML Investors Services LLC now owns 44,356 shares of the company’s stock worth $2,142,000 after purchasing an additional 10,433 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of NASDAQ ROBT opened at $53.74 on Tuesday. The stock has a market capitalization of $703.99 million, a price-to-earnings ratio of 27.26 and a beta of 1.24. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $43.55 and a 12 month high of $56.64. The firm’s 50 day simple moving average is $49.66 and its 200-day simple moving average is $51.49.

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.