Cottage Street Advisors LLC Has $229,000 Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Cottage Street Advisors LLC cut its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 11.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,087 shares of the company’s stock after selling 656 shares during the period. Cottage Street Advisors LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $229,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at approximately $6,462,000. Flow Traders U.S. LLC acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at approximately $4,146,000. Benjamin Edwards Inc. bought a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the third quarter valued at $3,029,000. Gradient Investments LLC lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 43.4% during the fourth quarter. Gradient Investments LLC now owns 126,128 shares of the company’s stock worth $5,681,000 after purchasing an additional 38,149 shares during the period. Finally, Harbour Investments Inc. increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 799.8% in the fourth quarter. Harbour Investments Inc. now owns 30,512 shares of the company’s stock valued at $1,374,000 after purchasing an additional 27,121 shares during the period.

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

Shares of NASDAQ:ROBT opened at $43.70 on Wednesday. The firm has a market cap of $452.30 million, a P/E ratio of 24.73 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12-month low of $36.91 and a 12-month high of $49.00. The business has a fifty day simple moving average of $45.65 and a 200 day simple moving average of $45.14.

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.