First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Position Lifted by Spectrum Wealth Advisory Group LLC

Spectrum Wealth Advisory Group LLC increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 7.4% in the second quarter, Holdings Channel.com reports. The firm owned 104,810 shares of the company’s stock after purchasing an additional 7,182 shares during the period. First Trust Nasdaq Artificial Intelligence and Robotics ETF accounts for 4.7% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 7th largest holding. Spectrum Wealth Advisory Group LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $4,438,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ROBT. Adirondack Trust Co. purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the second quarter worth approximately $49,000. North Star Investment Management Corp. purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 1st quarter valued at $70,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 2nd quarter worth $80,000. Sunbelt Securities Inc. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 15.4% in the 1st quarter. Sunbelt Securities Inc. now owns 2,137 shares of the company’s stock worth $97,000 after buying an additional 285 shares during the period. Finally, Concourse Financial Group Securities Inc. boosted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1,038.2% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 3,130 shares of the company’s stock valued at $143,000 after acquiring an additional 2,855 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of NASDAQ:ROBT opened at $40.50 on Wednesday. The business has a 50-day moving average of $42.06 and a two-hundred day moving average of $42.98. The firm has a market capitalization of $463.73 million, a PE ratio of 29.47 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $36.38 and a 12 month high of $46.79.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date 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.