11,250 Shares in First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT Bought by Independent Financial Group LLC

Independent Financial Group LLC purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 11,250 shares of the company’s stock, valued at approximately $519,000. Independent Financial Group LLC owned about 0.09% of First Trust Nasdaq Artificial Intelligence and Robotics ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ROBT. Capital Investment Advisory Services LLC raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 87.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 29,493 shares of the company’s stock valued at $1,530,000 after purchasing an additional 13,755 shares in the last quarter. Rockport Wealth LLC acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter worth about $9,059,000. Marshall Investment Management LLC acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter worth about $978,000. Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 276.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 809,743 shares of the company’s stock valued at $41,999,000 after buying an additional 594,815 shares during the last quarter. Finally, Biltmore Family Office LLC increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 19.2% in the fourth quarter. Biltmore Family Office LLC now owns 173,411 shares of the company’s stock valued at $8,994,000 after buying an additional 27,902 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Down 1.3%

Shares of NASDAQ ROBT opened at $52.82 on Friday. The stock has a market capitalization of $691.94 million, a P/E ratio of 27.26 and a beta of 1.27. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $44.01 and a 52-week high of $60.44. The stock’s 50 day moving average price is $55.60 and its two-hundred day moving average price is $52.54.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.0094 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.04 annualized dividend and a dividend yield of 0.1%.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company 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.