Harbour Investments Inc. Buys 6,253 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

Harbour Investments Inc. grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 19.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 37,754 shares of the company’s stock after purchasing an additional 6,253 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $1,824,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.1% during the first quarter. LPL Financial LLC now owns 682,908 shares of the company’s stock valued at $27,774,000 after buying an additional 7,244 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.6% during the first quarter. Baird Financial Group Inc. now owns 284,524 shares of the company’s stock valued at $11,572,000 after buying an additional 9,762 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 275,582 shares of the company’s stock valued at $11,208,000 after buying an additional 13,600 shares during the last quarter. Truist Financial Corp raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 17.7% during the second quarter. Truist Financial Corp now owns 186,667 shares of the company’s stock valued at $9,016,000 after buying an additional 28,066 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.1% during the first quarter. Envestnet Asset Management Inc. now owns 149,854 shares of the company’s stock valued at $6,095,000 after buying an additional 9,875 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

First Trust Nasdaq Artificial Intelligence and Robotics ETF stock opened at $54.58 on Friday. The stock has a market cap of $657.69 million, a P/E ratio of 27.26 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1 year low of $34.38 and a 1 year high of $56.16. The firm’s 50 day moving average price is $52.04 and its 200-day moving average price is $47.34.

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.