ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Shares Bought by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. boosted its holdings in shares of ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 0.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,074 shares of the company’s stock after buying an additional 294 shares during the quarter. Valley Wealth Managers Inc.’s holdings in ROBO Global Robotics & Automation ETF were worth $2,173,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ROBO. Burke & Herbert Bank & Trust Co. purchased a new position in ROBO Global Robotics & Automation ETF during the 2nd quarter worth $1,111,000. Marshall Wace LLP purchased a new position in ROBO Global Robotics & Automation ETF during the 2nd quarter worth $420,000. AlphaMark Advisors LLC grew its position in ROBO Global Robotics & Automation ETF by 286.5% during the 3rd quarter. AlphaMark Advisors LLC now owns 1,720 shares of the company’s stock worth $98,000 after purchasing an additional 1,275 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of ROBO Global Robotics & Automation ETF by 361.4% in the 1st quarter. BNP Paribas Financial Markets now owns 1,495 shares of the company’s stock worth $88,000 after acquiring an additional 1,171 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of ROBO Global Robotics & Automation ETF in the 2nd quarter worth $63,000.

ROBO Global Robotics & Automation ETF Price Performance

Shares of ROBO stock traded down $0.44 during mid-day trading on Friday, hitting $55.77. The stock had a trading volume of 968 shares, compared to its average volume of 69,664. ROBO Global Robotics & Automation ETF has a fifty-two week low of $49.24 and a fifty-two week high of $59.75. The firm has a market cap of $1.27 billion, a PE ratio of 28.27 and a beta of 1.28. The company’s 50-day simple moving average is $55.79 and its 200-day simple moving average is $55.50.

ROBO Global Robotics & Automation ETF Profile

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.