Assetmark Inc. Sells 27,808 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Assetmark Inc. cut its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 97.3% during the third quarter, HoldingsChannel.com reports. The firm owned 771 shares of the company’s stock after selling 27,808 shares during the period. Assetmark Inc.’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $34,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Brown Financial Advisors acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter worth about $40,000. Values First Advisors Inc. acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter worth approximately $43,000. Adirondack Trust Co. bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter worth approximately $49,000. Ashton Thomas Private Wealth LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter valued at $80,000. Finally, Front Row Advisors LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 34.3% during the second quarter. Front Row Advisors LLC now owns 2,155 shares of the company’s stock worth $91,000 after acquiring an additional 550 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

Shares of NASDAQ ROBT opened at $45.74 on Wednesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $36.91 and a 52-week high of $47.64. The business has a fifty day moving average of $43.91 and a two-hundred day moving average of $42.95. The stock has a market cap of $455.11 million, a PE ratio of 29.47 and a beta of 1.22.

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.