ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Sets New 1-Year High – Here’s What Happened

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $59.78 and last traded at $59.78, with a volume of 46605 shares trading hands. The stock had previously closed at $58.26.

ROBO Global Robotics & Automation ETF Trading Up 3.1 %

The stock has a market cap of $1.37 billion, a P/E ratio of 28.27 and a beta of 1.28. The company’s 50-day simple moving average is $57.14 and its 200 day simple moving average is $55.93.

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

Several institutional investors have recently added to or reduced their stakes in ROBO. Silverleafe Capital Partners LLC increased its holdings in 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 worth $3,561,000 after acquiring an additional 3,023 shares during the last quarter. AlphaMark Advisors LLC increased its stake in shares of 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 worth $98,000 after purchasing an additional 1,275 shares in the last quarter. Valley Wealth Managers Inc. raised its position in shares of ROBO Global Robotics & Automation ETF by 0.8% in the third quarter. Valley Wealth Managers Inc. now owns 38,074 shares of the company’s stock valued at $2,173,000 after purchasing an additional 294 shares during the period. Marshall Wace LLP purchased a new stake in shares of ROBO Global Robotics & Automation ETF during the 2nd quarter valued at approximately $420,000. Finally, Flow Traders U.S. LLC bought a new position in ROBO Global Robotics & Automation ETF in the 3rd quarter worth approximately $4,759,000.

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.