TAP Consulting LLC Sells 14,025 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

TAP Consulting LLC decreased its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 31.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,338 shares of the company’s stock after selling 14,025 shares during the period. TAP Consulting LLC owned about 0.30% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $1,328,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 15.4% in the first quarter. Sunbelt Securities Inc. now owns 2,137 shares of the company’s stock worth $97,000 after acquiring an additional 285 shares during the period. Oppenheimer & Co. Inc. raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1.4% in the first quarter. Oppenheimer & Co. Inc. now owns 22,697 shares of the company’s stock worth $1,027,000 after acquiring an additional 304 shares during the period. Avantax Advisory Services Inc. raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.3% in the first quarter. Avantax Advisory Services Inc. now owns 7,829 shares of the company’s stock worth $354,000 after acquiring an additional 394 shares during the period. 1832 Asset Management L.P. raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.0% during the 2nd 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 period. Finally, J.W. Cole Advisors Inc. raised 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 valued at $210,000 after purchasing an additional 446 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

Shares of ROBT stock traded up $0.41 on Friday, hitting $44.52. 59,910 shares of the stock traded hands, compared to its average volume of 74,122. The firm has a market cap of $451.88 million, a price-to-earnings ratio of 29.47 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52 week low of $36.38 and a 52 week high of $46.79. The firm has a 50 day simple moving average of $41.99 and a two-hundred day simple moving average of $42.64.

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.