Crescent Grove Advisors LLC Reduces Stock Holdings in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Crescent Grove Advisors LLC lowered its holdings in shares of ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 9.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,208 shares of the company’s stock after selling 455 shares during the quarter. Crescent Grove Advisors LLC’s holdings in ROBO Global Robotics & Automation ETF were worth $240,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ROBO. AlphaMark Advisors LLC increased its stake in shares of ROBO Global Robotics & Automation ETF by 286.5% in the 3rd quarter. AlphaMark Advisors LLC now owns 1,720 shares of the company’s stock worth $98,000 after purchasing an additional 1,275 shares in the last quarter. Marshall Wace LLP bought a new position in shares of ROBO Global Robotics & Automation ETF in the second quarter worth about $420,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of ROBO Global Robotics & Automation ETF during the 2nd quarter valued at about $63,000. Crestwood Advisors Group LLC grew its stake in shares of ROBO Global Robotics & Automation ETF by 1.6% during the 2nd quarter. Crestwood Advisors Group LLC now owns 55,887 shares of the company’s stock valued at $3,079,000 after acquiring an additional 879 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in ROBO Global Robotics & Automation ETF by 6.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 8,109 shares of the company’s stock worth $443,000 after acquiring an additional 469 shares in the last quarter.

ROBO Global Robotics & Automation ETF Trading Up 2.2 %

NYSEARCA ROBO opened at $57.83 on Thursday. ROBO Global Robotics & Automation ETF has a 12 month low of $47.76 and a 12 month high of $59.75. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 28.27 and a beta of 1.28. The company’s 50 day moving average is $55.46 and its two-hundred day moving average is $55.37.

About ROBO Global Robotics & Automation ETF

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.