ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Sees Large Volume Increase – Time to Buy?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) shares saw an uptick in trading volume on Tuesday . 36,010 shares were traded during mid-day trading, a decline of 38% from the previous session’s volume of 57,722 shares.The stock last traded at $58.46 and had previously closed at $57.93.

ROBO Global Robotics & Automation ETF Trading Down 0.5 %

The company has a market cap of $1.31 billion, a P/E ratio of 28.27 and a beta of 1.28. The company has a 50 day moving average price of $57.09 and a 200-day moving average price of $55.78.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Flow Traders U.S. LLC bought a new stake in shares of ROBO Global Robotics & Automation ETF during the 3rd quarter valued at approximately $4,759,000. Marshall Wace LLP acquired a new position in shares of ROBO Global Robotics & Automation ETF during the second quarter worth $420,000. Silverleafe Capital Partners LLC lifted its stake in shares of ROBO Global Robotics & Automation ETF by 5.0% in the 4th quarter. Silverleafe Capital Partners LLC now owns 63,289 shares of the company’s stock valued at $3,561,000 after acquiring an additional 3,023 shares during the last quarter. AlphaMark Advisors LLC boosted its holdings 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 valued at $98,000 after acquiring an additional 1,275 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in ROBO Global Robotics & Automation ETF during the 2nd quarter worth $63,000.

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.