Sargent Investment Group LLC Reduces Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Sargent Investment Group LLC decreased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 8.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,455 shares of the company’s stock after selling 4,300 shares during the quarter. Sargent Investment Group LLC owned about 0.39% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $1,882,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.3% during the second quarter. LPL Financial LLC now owns 761,860 shares of the company’s stock worth $32,257,000 after purchasing an additional 24,312 shares during the period. Osaic Holdings Inc. grew its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.5% during the first quarter. Osaic Holdings Inc. now owns 160,443 shares of the company’s stock worth $7,259,000 after buying an additional 9,774 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 133,914 shares of the company’s stock valued at $5,670,000 after acquiring an additional 9,249 shares during the period. Biltmore Family Office LLC lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 9.8% during the 2nd quarter. Biltmore Family Office LLC now owns 118,941 shares of the company’s stock valued at $5,036,000 after acquiring an additional 10,614 shares in the last quarter. Finally, Silverleafe Capital Partners LLC increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 35.7% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 114,814 shares of the company’s stock valued at $4,861,000 after purchasing an additional 30,203 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of ROBT opened at $41.80 on Tuesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $36.38 and a 12 month high of $46.79. The stock’s 50-day moving average is $41.98 and its two-hundred day moving average is $42.89. The stock has a market cap of $478.61 million, a PE ratio of 29.47 and a beta of 1.22.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.0844 per share. This represents a $0.34 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend was Thursday, June 27th.

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.