Biltmore Family Office LLC Has $5.33 Million Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Biltmore Family Office LLC raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 2.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 121,649 shares of the company’s stock after purchasing an additional 2,708 shares during the period. First Trust Nasdaq Artificial Intelligence and Robotics ETF makes up approximately 0.9% of Biltmore Family Office LLC’s portfolio, making the stock its 17th biggest holding. Biltmore Family Office LLC owned about 1.22% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $5,327,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROBT. 1832 Asset Management L.P. raised its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.0% in the second quarter. 1832 Asset Management L.P. now owns 2,217 shares of the company’s stock valued at $94,000 after purchasing an additional 414 shares during the last quarter. J.W. Cole Advisors Inc. lifted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 9.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 4,967 shares of the company’s stock worth $210,000 after buying an additional 446 shares in the last quarter. Front Row Advisors LLC boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 34.3% in the 2nd quarter. Front Row Advisors LLC now owns 2,155 shares of the company’s stock worth $91,000 after buying an additional 550 shares during the last quarter. Atria Investments Inc grew its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.7% in the first quarter. Atria Investments Inc now owns 34,014 shares of the company’s stock valued at $1,539,000 after acquiring an additional 572 shares in the last quarter. Finally, CWM LLC increased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 16.4% during the second quarter. CWM LLC now owns 4,965 shares of the company’s stock valued at $210,000 after acquiring an additional 699 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 1.3 %

ROBT stock opened at $46.14 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1-year low of $36.91 and a 1-year high of $47.64. The stock has a market cap of $459.09 million, a P/E ratio of 29.47 and a beta of 1.22. The stock’s fifty day simple moving average is $44.10 and its two-hundred day simple moving average is $42.99.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

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.