Gradient Investments LLC Has $5.68 Million Stock Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Gradient Investments LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 43.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 126,128 shares of the company’s stock after buying an additional 38,149 shares during the period. Gradient Investments LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $5,681,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC grew its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 80,598 shares of the company’s stock worth $3,630,000 after acquiring an additional 5,196 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 44.6% during the fourth quarter. Arkadios Wealth Advisors now owns 9,534 shares of the company’s stock worth $429,000 after purchasing an additional 2,940 shares during the last quarter. Brendel Financial Advisors LLC acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at approximately $654,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock valued at $57,000 after buying an additional 707 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter worth approximately $563,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

Shares of NASDAQ ROBT opened at $47.82 on Friday. The firm has a 50 day moving average price of $46.30 and a two-hundred day moving average price of $44.12. The stock has a market cap of $485.37 million, a P/E ratio of 29.47 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $36.91 and a 52-week high of $48.73.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.223 dividend. The ex-dividend date was Friday, December 13th.

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.