Congress Wealth Management LLC DE Has $6.01 Million Stock Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Congress Wealth Management LLC DE boosted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 133,424 shares of the company’s stock after acquiring an additional 2,839 shares during the quarter. Congress Wealth Management LLC DE’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $6,009,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of ROBT. Harbour Investments Inc. grew its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 799.8% in the fourth quarter. Harbour Investments Inc. now owns 30,512 shares of the company’s stock valued at $1,374,000 after purchasing an additional 27,121 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter valued at approximately $6,462,000. SRS Capital Advisors Inc. increased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 8.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 21,205 shares of the company’s stock worth $955,000 after buying an additional 1,572 shares during the period. Sherman Asset Management Inc. acquired a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter worth approximately $46,000. Finally, Kovack Advisors Inc. boosted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 8.2% in the fourth quarter. Kovack Advisors Inc. now owns 6,442 shares of the company’s stock valued at $290,000 after acquiring an additional 486 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

NASDAQ:ROBT opened at $43.70 on Wednesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a one year low of $36.91 and a one year high of $49.00. The company has a fifty day moving average price of $45.65 and a 200 day moving average price of $45.14. The stock has a market cap of $452.30 million, a P/E ratio of 24.73 and a beta of 1.22.

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.