Cahill Financial Advisors Inc. Reduces Stock Position in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Cahill Financial Advisors Inc. cut its holdings in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 18.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,077 shares of the company’s stock after selling 1,135 shares during the period. Cahill Financial Advisors Inc.’s holdings in ROBO Global Robotics & Automation ETF were worth $290,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Curbstone Financial Management Corp increased its stake in ROBO Global Robotics & Automation ETF by 1.0% during the second quarter. Curbstone Financial Management Corp now owns 20,830 shares of the company’s stock worth $1,148,000 after acquiring an additional 200 shares during the last quarter. Valley Wealth Managers Inc. raised its holdings in ROBO Global Robotics & Automation ETF by 0.8% during the 3rd quarter. Valley Wealth Managers Inc. now owns 38,074 shares of the company’s stock valued at $2,173,000 after buying an additional 294 shares during the period. Farther Finance Advisors LLC lifted its position in ROBO Global Robotics & Automation ETF by 6.1% in the second quarter. Farther Finance Advisors LLC now owns 8,109 shares of the company’s stock worth $443,000 after buying an additional 469 shares during the last quarter. Crestwood Advisors Group LLC lifted its position in ROBO Global Robotics & Automation ETF by 1.6% in the second quarter. Crestwood Advisors Group LLC now owns 55,887 shares of the company’s stock worth $3,079,000 after buying an additional 879 shares during the last quarter. Finally, Adirondack Trust Co. purchased a new position in ROBO Global Robotics & Automation ETF during the second quarter worth $50,000.

ROBO Global Robotics & Automation ETF Trading Up 1.2 %

Shares of ROBO opened at $57.61 on Monday. The company’s fifty day simple moving average is $56.27 and its 200-day simple moving average is $55.53. The company has a market cap of $1.31 billion, a P/E ratio of 28.27 and a beta of 1.28. ROBO Global Robotics & Automation ETF has a twelve month low of $49.24 and a twelve month high of $59.75.

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.