First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Hits New 12-Month High – Should You Buy?

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)’s stock price reached a new 52-week high on Friday . The stock traded as high as $49.00 and last traded at $48.72, with a volume of 12091 shares trading hands. The stock had previously closed at $48.44.

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

The stock has a market capitalization of $502.20 million, a price-to-earnings ratio of 29.47 and a beta of 1.22. The firm has a 50-day moving average of $46.53 and a two-hundred day moving average of $44.51.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.223 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 2.5% during the fourth quarter. NewEdge Advisors LLC now owns 23,360 shares of the company’s stock valued at $1,052,000 after buying an additional 561 shares during the period. Mariner LLC increased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 6.0% in the 4th quarter. Mariner LLC now owns 126,603 shares of the company’s stock worth $5,702,000 after purchasing an additional 7,194 shares during the last quarter. Kraft Davis & Associates LLC acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth about $328,000. Raymond James Financial Inc. acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth about $6,462,000. Finally, Biltmore Family Office LLC increased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 7.5% in the 4th quarter. Biltmore Family Office LLC now owns 130,798 shares of the company’s stock worth $5,891,000 after purchasing an additional 9,149 shares during the last quarter.

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.