First Horizon Advisors Inc. Buys New Stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

First Horizon Advisors Inc. bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,094 shares of the company’s stock, valued at approximately $49,000.

Several other institutional investors have also recently added to or reduced their stakes in ROBT. Arkadios Wealth Advisors increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 35.7% in the 3rd quarter. Arkadios Wealth Advisors now owns 6,594 shares of the company’s stock valued at $289,000 after purchasing an additional 1,733 shares during the last quarter. Apollon Financial LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at approximately $393,000. Proactive Wealth Strategies LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at approximately $256,000. Biltmore Family Office LLC increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.3% in the 3rd quarter. Biltmore Family Office LLC now owns 121,649 shares of the company’s stock valued at $5,327,000 after purchasing an additional 2,708 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at approximately $4,146,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Down 3.4 %

Shares of ROBT stock opened at $44.25 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52 week low of $36.91 and a 52 week high of $49.00. The stock has a market capitalization of $457.99 million, a PE ratio of 25.40 and a beta of 1.22. The firm has a 50 day moving average of $46.52 and a two-hundred day moving average of $44.98.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given 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.