Cahill Financial Advisors Inc. Lowers Stake in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

Cahill Financial Advisors Inc. lessened its stake in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 18.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 5,077 shares of the company’s stock after selling 1,135 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in ROBO Global Robotics & Automation ETF were worth $290,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Adirondack Trust Co. purchased a new position in shares of ROBO Global Robotics & Automation ETF during the second quarter worth approximately $50,000. Ashton Thomas Private Wealth LLC bought a new stake in ROBO Global Robotics & Automation ETF during the 2nd quarter valued at $63,000. BNP Paribas Financial Markets lifted its holdings in shares of ROBO Global Robotics & Automation ETF by 361.4% in the 1st quarter. BNP Paribas Financial Markets now owns 1,495 shares of the company’s stock worth $88,000 after buying an additional 1,171 shares during the period. AlphaMark Advisors LLC grew its position in shares of ROBO Global Robotics & Automation ETF by 286.5% during the 3rd quarter. AlphaMark Advisors LLC now owns 1,720 shares of the company’s stock worth $98,000 after buying an additional 1,275 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of ROBO Global Robotics & Automation ETF during the second quarter valued at $420,000.

ROBO Global Robotics & Automation ETF Price Performance

Shares of NYSEARCA ROBO opened at $57.61 on Monday. ROBO Global Robotics & Automation ETF has a 1-year low of $49.24 and a 1-year high of $59.75. The business has a fifty day moving average price of $56.27 and a 200 day moving average price of $55.53. The stock has a market capitalization of $1.31 billion, a P/E ratio of 28.27 and a beta of 1.28.

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.