BNP Paribas Financial Markets Reduces Holdings in ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)

BNP Paribas Financial Markets decreased its position in shares of ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) by 60.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,107 shares of the company’s stock after selling 3,166 shares during the quarter. BNP Paribas Financial Markets’ holdings in ROBO Global Robotics & Automation ETF were worth $120,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in ROBO. Farther Finance Advisors LLC increased its holdings in shares of ROBO Global Robotics & Automation ETF by 6.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 8,109 shares of the company’s stock valued at $443,000 after acquiring an additional 469 shares during the period. Crestwood Advisors Group LLC boosted its stake in shares of ROBO Global Robotics & Automation ETF by 1.6% during 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 period. Ashton Thomas Private Wealth LLC acquired a new position in shares of ROBO Global Robotics & Automation ETF during the 2nd quarter valued at about $63,000. Marshall Wace LLP acquired a new stake in shares of ROBO Global Robotics & Automation ETF in the second quarter worth approximately $420,000. Finally, AlphaMark Advisors LLC grew its holdings in ROBO Global Robotics & Automation ETF by 286.5% in the third quarter. AlphaMark Advisors LLC now owns 1,720 shares of the company’s stock valued at $98,000 after purchasing an additional 1,275 shares during the period.

ROBO Global Robotics & Automation ETF Stock Down 2.6 %

Shares of ROBO opened at $55.86 on Thursday. ROBO Global Robotics & Automation ETF has a fifty-two week low of $49.24 and a fifty-two week high of $59.75. The company’s fifty day moving average is $56.91 and its two-hundred day moving average is $55.67. The firm has a market cap of $1.27 billion, a PE ratio of 28.27 and a beta of 1.28.

About ROBO Global Robotics & Automation ETF

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.