Morey & Quinn Wealth Partners LLC Takes $457,000 Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Morey & Quinn Wealth Partners LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,151 shares of the company’s stock, valued at approximately $457,000. Morey & Quinn Wealth Partners LLC owned about 0.10% of First Trust Nasdaq Artificial Intelligence and Robotics ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in ROBT. Kovack Advisors Inc. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 8.2% during the fourth quarter. Kovack Advisors Inc. now owns 6,442 shares of the company’s stock worth $290,000 after acquiring an additional 486 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position 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 purchasing an additional 707 shares during the period. Private Advisor Group LLC raised its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 16.6% during the 4th quarter. Private Advisor Group LLC now owns 5,750 shares of the company’s stock worth $259,000 after purchasing an additional 817 shares during the last quarter. Capital Investment Advisory Services LLC lifted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 12.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 7,734 shares of the company’s stock worth $348,000 after purchasing an additional 876 shares during the period. Finally, Sherman Asset Management Inc. bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter valued at $46,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Up 0.3 %

Shares of NASDAQ ROBT opened at $43.70 on Wednesday. The company has a market capitalization of $452.30 million, a PE ratio of 24.73 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a twelve month low of $36.91 and a twelve month high of $49.00. The firm has a fifty day simple moving average of $45.65 and a 200 day simple moving average of $45.14.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company 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.