Burke & Herbert Bank & Trust Co. Purchases New Stake in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Burke & Herbert Bank & Trust Co. purchased a new stake in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) in the second quarter, HoldingsChannel.com reports. The fund purchased 20,166 shares of the company’s stock, valued at approximately $1,111,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ROBO. Crestwood Advisors Group LLC raised its stake in ROBO Global Robotics & Automation ETF by 6.5% during the fourth quarter. Crestwood Advisors Group LLC now owns 52,058 shares of the company’s stock worth $2,983,000 after acquiring an additional 3,195 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its stake in ROBO Global Robotics & Automation ETF by 6.3% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 14,882 shares of the company’s stock worth $853,000 after acquiring an additional 882 shares in the last quarter. BNP Paribas Financial Markets raised its stake in ROBO Global Robotics & Automation ETF by 361.4% during the first quarter. BNP Paribas Financial Markets now owns 1,495 shares of the company’s stock worth $88,000 after acquiring an additional 1,171 shares in the last quarter. Crescent Grove Advisors LLC acquired a new position in ROBO Global Robotics & Automation ETF during the fourth quarter worth about $201,000. Finally, Atlas Capital Advisors LLC acquired a new position in shares of ROBO Global Robotics & Automation ETF in the first quarter valued at approximately $33,000.

ROBO Global Robotics & Automation ETF Stock Performance

Shares of ROBO Global Robotics & Automation ETF stock traded up $0.93 on Tuesday, hitting $53.14. The stock had a trading volume of 158,450 shares, compared to its average volume of 72,974. The stock has a 50 day moving average of $55.12 and a 200 day moving average of $56.01. ROBO Global Robotics & Automation ETF has a twelve month low of $45.42 and a twelve month high of $59.75. The firm has a market capitalization of $1.21 billion, a P/E ratio of 28.27 and a beta of 1.28.

ROBO Global Robotics & Automation ETF Company Profile

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.