Curbstone Financial Management Corp recently decreased its position in ROBO Global Robotics & Automation ETF by 1.9% during the second quarter, according to a disclosure with the Securities and Exchange Commission. The firm now owns 20,860 shares of the company’s stock, valued at $1,222,000, after selling 400 shares during the period.
Other institutional investors have also been involved in trading shares of the company. JPMorgan Chase & Co. increased its holdings in ROBO Global Robotics & Automation ETF by 132.3% in the first quarter, owning 9,918 shares valued at $542,000. Colony Group LLC also acquired more shares, raising its position by 16.5% and adding an additional 1,404 shares during the last quarter.
Resolute Wealth Strategies LLC entered the market by purchasing a new position of ROBO Global Robotics & Automation ETF shares in the first quarter, which were valued at around $556,000. Furthermore, Endurance Wealth Management Inc. raised its own position by 0.8% in the first quarter, now owning 50,313 shares worth $2,753,000. Finally, Financial Freedom LLC increased its stake by 81.1% during the same period, with 5,798 shares that are valued at $317,000.
ROBO Global Robotics & Automation ETF stock traded at $52.17 on Thursday, which is higher than the 52-week low of $39.51 but lower than the 52-week high of $60.29. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 22.54, and a beta of 1.25.
ROBO Global Robotics & Automation ETF is an exchange-traded fund that invests in stocks based on the theme of robotics and automation. The fund is managed by ROBO Global and was launched on October 22, 2013. It tracks a global index of companies involved in this industry and utilizes a tiered weighting strategy.
For more information on ROBO Global Robotics & Automation ETF and updates on its performance, interested individuals can visit HoldingsChannel.com.
Source: Securities and Exchange Commission disclosure and ROBO Global