ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Sees Strong Trading Volume – Time to Buy?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBOGet Free Report) saw strong trading volume on Wednesday . 50,671 shares changed hands during trading, a decline of 20% from the previous session’s volume of 63,648 shares.The stock last traded at $60.53 and had previously closed at $60.13.

ROBO Global Robotics & Automation ETF Stock Up 0.5 %

The company’s fifty day moving average is $57.14 and its two-hundred day moving average is $55.93. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 28.27 and a beta of 1.28.

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

Several large investors have recently bought and sold shares of the business. AlphaMark Advisors LLC boosted its position in shares of ROBO Global Robotics & Automation ETF by 56.7% during the 4th quarter. AlphaMark Advisors LLC now owns 2,695 shares of the company’s stock worth $152,000 after acquiring an additional 975 shares in the last quarter. Silverleafe Capital Partners LLC boosted its holdings in ROBO Global Robotics & Automation ETF by 5.0% in the fourth quarter. Silverleafe Capital Partners LLC now owns 63,289 shares of the company’s stock valued at $3,561,000 after purchasing an additional 3,023 shares in the last quarter. JPMorgan Chase & Co. increased its stake in ROBO Global Robotics & Automation ETF by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 3,616 shares of the company’s stock valued at $206,000 after purchasing an additional 411 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in ROBO Global Robotics & Automation ETF during the third quarter worth approximately $4,759,000. Finally, Valley Wealth Managers Inc. lifted its position in shares of ROBO Global Robotics & Automation ETF by 0.8% during the 3rd quarter. Valley Wealth Managers Inc. now owns 38,074 shares of the company’s stock worth $2,173,000 after buying an additional 294 shares during the last quarter.

ROBO Global Robotics & Automation ETF Company Profile

(Get Free Report)

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.

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