ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Sees Strong Trading Volume – What’s Next?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) shares saw an uptick in trading volume on Tuesday . 36,010 shares traded hands during trading, a decline of 38% from the previous session’s volume of 57,722 shares.The stock last traded at $58.46 and had previously closed at $57.93.

ROBO Global Robotics & Automation ETF Stock Performance

The firm has a market cap of $1.30 billion, a P/E ratio of 28.27 and a beta of 1.28. The firm’s fifty day moving average is $57.13 and its 200 day moving average is $55.80.

Institutional Investors Weigh In On ROBO Global Robotics & Automation ETF

Institutional investors have recently made changes to their positions in the company. Valley Wealth Managers Inc. grew its position in shares of ROBO Global Robotics & Automation ETF by 0.8% during the 3rd quarter. Valley Wealth Managers Inc. now owns 38,074 shares of the company’s stock worth $2,173,000 after purchasing an additional 294 shares in the last quarter. JPMorgan Chase & Co. grew its position in ROBO Global Robotics & Automation ETF by 12.8% during the third quarter. JPMorgan Chase & Co. now owns 3,616 shares of the company’s stock worth $206,000 after buying an additional 411 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in ROBO Global Robotics & Automation ETF during the 2nd quarter worth $63,000. AlphaMark Advisors LLC raised its holdings in ROBO Global Robotics & Automation ETF by 286.5% in the 3rd quarter. AlphaMark Advisors LLC now owns 1,720 shares of the company’s stock valued at $98,000 after acquiring an additional 1,275 shares in the last quarter. Finally, Silverleafe Capital Partners LLC lifted its position in shares of ROBO Global Robotics & Automation ETF by 5.0% during the 4th quarter. Silverleafe Capital Partners LLC now owns 63,289 shares of the company’s stock valued at $3,561,000 after acquiring an additional 3,023 shares during the period.

ROBO Global Robotics & Automation ETF Company Profile

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.