Spectrum Wealth Advisory Group LLC Boosts Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Spectrum Wealth Advisory Group LLC raised its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 5.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 97,628 shares of the company’s stock after purchasing an additional 5,087 shares during the quarter. First Trust Nasdaq Artificial Intelligence and Robotics ETF accounts for about 5.1% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 7th biggest position. Spectrum Wealth Advisory Group LLC’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $4,417,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New England Capital Financial Advisors LLC increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 90.0% in the fourth quarter. New England Capital Financial Advisors LLC now owns 741 shares of the company’s stock valued at $34,000 after acquiring an additional 351 shares during the period. Sunbelt Securities Inc. bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter valued at about $75,000. SRS Capital Advisors Inc. bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter valued at about $87,000. CWM LLC increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 151.0% in the fourth quarter. CWM LLC now owns 3,097 shares of the company’s stock valued at $141,000 after acquiring an additional 1,863 shares during the period. Finally, Concourse Financial Group Securities Inc. increased its stake 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 period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 0.2 %

NASDAQ ROBT traded up $0.10 on Tuesday, reaching $42.18. The company’s stock had a trading volume of 43,967 shares, compared to its average volume of 73,763. The firm has a market cap of $527.25 million, a PE ratio of 29.47 and a beta of 1.22. The business has a 50-day moving average price of $42.74 and a 200 day moving average price of $43.85. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52 week low of $36.38 and a 52 week high of $47.71.

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 paid a $0.0844 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.34 dividend on an annualized basis and a yield of 0.80%.

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.