Truist Financial Corp Cuts Stock Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Truist Financial Corp cut its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 2.4% in the fourth quarter, HoldingsChannel reports. The firm owned 150,840 shares of the company’s stock after selling 3,632 shares during the quarter. Truist Financial Corp’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $6,794,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Values First Advisors Inc. purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter valued at $43,000. Elevation Wealth Partners LLC purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the fourth quarter valued at $49,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock worth $57,000 after buying an additional 707 shares during the last quarter. Peterson Wealth Advisors LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter worth $212,000. Finally, Proactive Wealth Strategies LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter worth $256,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Down 2.9 %

Shares of ROBT opened at $46.45 on Friday. The company has a market cap of $480.76 million, a PE ratio of 25.40 and a beta of 1.20. The business has a fifty day moving average of $46.60 and a 200 day moving average of $44.85. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $36.91 and a 52-week high of $49.00.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

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

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.