Rockport Wealth LLC Acquires New Shares in First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

Rockport Wealth LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 174,655 shares of the company’s stock, valued at approximately $9,059,000. First Trust Nasdaq Artificial Intelligence and Robotics ETF comprises about 1.8% of Rockport Wealth LLC’s holdings, making the stock its 16th largest position. Rockport Wealth LLC owned approximately 1.32% of First Trust Nasdaq Artificial Intelligence and Robotics ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of ROBT. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 276.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 809,743 shares of the company’s stock worth $41,999,000 after buying an additional 594,815 shares during the period. Bank of America Corp DE raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 65.2% during the 3rd quarter. Bank of America Corp DE now owns 407,423 shares of the company’s stock worth $21,549,000 after buying an additional 160,725 shares during the period. Mutual Advisors LLC acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter worth approximately $4,335,000. Banco Santander S.A. acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at $2,956,000. Finally, Avestar Capital LLC acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at $1,978,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

NASDAQ ROBT opened at $53.74 on Tuesday. The business has a fifty day moving average price of $49.66 and a 200 day moving average price of $51.49. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a one year low of $43.55 and a one year high of $56.64. The company has a market cap of $703.99 million, a P/E ratio of 27.26 and a beta of 1.24.

First Trust Nasdaq Artificial Intelligence and Robotics ETF 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.