Truist Financial Corp Trims Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Truist Financial Corp reduced its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,840 shares of the company’s stock after selling 3,632 shares during the quarter. Truist Financial Corp owned about 1.46% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $6,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Values First Advisors Inc. purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter valued at approximately $43,000. Elevation Wealth Partners LLC purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at approximately $49,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% during 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 in the last quarter. Peterson Wealth Advisors LLC purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter valued at approximately $212,000. Finally, Proactive Wealth Strategies LLC purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 3rd quarter valued at approximately $256,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of ROBT opened at $46.45 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1 year low of $36.91 and a 1 year high of $49.00. The company has a 50 day simple moving average of $46.60 and a two-hundred day simple moving average of $44.85. The firm has a market cap of $480.76 million, a P/E ratio of 25.40 and a beta of 1.20.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

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

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.