Crescent Grove Advisors LLC Invests $201,000 in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Crescent Grove Advisors LLC purchased a new position in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) during the fourth quarter, Holdings Channel.com reports. The firm purchased 3,516 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds have also modified their holdings of the stock. Ameriprise Financial Inc. increased its stake in shares of ROBO Global Robotics & Automation ETF by 6.4% in the third quarter. Ameriprise Financial Inc. now owns 175,014 shares of the company’s stock worth $8,796,000 after acquiring an additional 10,602 shares during the last quarter. Valley Wealth Managers Inc. acquired a new position in ROBO Global Robotics & Automation ETF during the third quarter worth $2,861,000. Crestwood Advisors Group LLC increased its position in ROBO Global Robotics & Automation ETF by 6.5% during the fourth quarter. Crestwood Advisors Group LLC now owns 52,058 shares of the company’s stock worth $2,983,000 after buying an additional 3,195 shares during the last quarter. Captrust Financial Advisors acquired a new position in ROBO Global Robotics & Automation ETF during the second quarter worth $2,612,000. Finally, SOL Capital Management CO increased its position in ROBO Global Robotics & Automation ETF by 1.1% during the fourth quarter. SOL Capital Management CO now owns 24,219 shares of the company’s stock worth $1,388,000 after buying an additional 275 shares during the last quarter.

ROBO Global Robotics & Automation ETF Price Performance

ROBO Global Robotics & Automation ETF stock opened at $54.21 on Wednesday. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 28.43 and a beta of 1.27. ROBO Global Robotics & Automation ETF has a one year low of $45.42 and a one year high of $60.29. The company’s fifty day moving average price is $57.13 and its two-hundred day moving average price is $54.07.

ROBO Global Robotics & Automation ETF Company 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.