Kovack Advisors Inc. Has $290,000 Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Kovack Advisors Inc. boosted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,442 shares of the company’s stock after buying an additional 486 shares during the quarter. Kovack Advisors Inc. owned approximately 0.06% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $290,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Elevation Wealth Partners LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth $49,000. First Horizon Advisors Inc. acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth $49,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 worth $57,000 after purchasing an additional 707 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth $102,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth $208,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

NASDAQ ROBT opened at $44.04 on Friday. The firm has a market capitalization of $455.81 million, a price-to-earnings ratio of 25.40 and a beta of 1.22. The company’s fifty day moving average is $46.49 and its two-hundred day moving average is $45.04. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $36.91 and a 52-week high of $49.00.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.223 per share. 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.