Wealth Enhancement Advisory Services LLC Sells 2,320 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Wealth Enhancement Advisory Services LLC decreased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 19.5% during the 4th quarter, Holdings Channel reports. The fund owned 9,606 shares of the company’s stock after selling 2,320 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $433,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Baird Financial Group Inc. raised its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.2% in the fourth quarter. Baird Financial Group Inc. now owns 274,762 shares of the company’s stock worth $12,375,000 after purchasing an additional 18,480 shares during the period. Raymond James Financial Inc. bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter valued at $6,462,000. Congress Wealth Management LLC DE increased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.2% in the 4th quarter. Congress Wealth Management LLC DE now owns 133,424 shares of the company’s stock valued at $6,009,000 after buying an additional 2,839 shares in the last quarter. Biltmore Family Office LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.5% during the 4th quarter. Biltmore Family Office LLC now owns 130,798 shares of the company’s stock worth $5,891,000 after buying an additional 9,149 shares during the period. Finally, Mariner LLC lifted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.0% during the fourth quarter. Mariner LLC now owns 126,603 shares of the company’s stock worth $5,702,000 after acquiring an additional 7,194 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Down 0.4%

NASDAQ:ROBT opened at $46.36 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1 year low of $34.38 and a 1 year high of $49.00. The stock has a market cap of $475.19 million, a price-to-earnings ratio of 26.78 and a beta of 1.22. The stock has a 50-day moving average price of $42.46 and a two-hundred day moving average price of $44.35.

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.