Valley Wealth Managers Inc. Raises Stock Position in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Valley Wealth Managers Inc. lifted its stake in shares of ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 38,074 shares of the company’s stock after acquiring an additional 294 shares during the quarter. Valley Wealth Managers Inc. owned approximately 0.17% of ROBO Global Robotics & Automation ETF worth $2,173,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ROBO. Crestwood Advisors Group LLC increased its holdings in ROBO Global Robotics & Automation ETF by 1.6% during the second quarter. Crestwood Advisors Group LLC now owns 55,887 shares of the company’s stock valued at $3,079,000 after buying an additional 879 shares during the period. Curbstone Financial Management Corp increased its holdings in ROBO Global Robotics & Automation ETF by 1.0% during the second quarter. Curbstone Financial Management Corp now owns 20,830 shares of the company’s stock valued at $1,148,000 after buying an additional 200 shares during the period. Burke & Herbert Bank & Trust Co. purchased a new position in ROBO Global Robotics & Automation ETF during the second quarter valued at approximately $1,111,000. Farther Finance Advisors LLC increased its holdings in ROBO Global Robotics & Automation ETF by 6.1% during the second quarter. Farther Finance Advisors LLC now owns 8,109 shares of the company’s stock valued at $443,000 after buying an additional 469 shares during the period. Finally, Marshall Wace LLP purchased a new position in ROBO Global Robotics & Automation ETF during the second quarter valued at approximately $420,000.

ROBO Global Robotics & Automation ETF Price Performance

NYSEARCA ROBO traded down $0.44 on Friday, hitting $55.77. The stock had a trading volume of 968 shares, compared to its average volume of 69,664. The business’s fifty day moving average price is $55.79 and its 200 day moving average price is $55.50. ROBO Global Robotics & Automation ETF has a 52-week low of $49.24 and a 52-week high of $59.75. The stock has a market cap of $1.27 billion, a price-to-earnings 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.