ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Reaches New 12-Month High – Time to Buy?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $74.99 and last traded at $75.0510, with a volume of 31372 shares. The stock had previously closed at $74.41.

ROBO Global Robotics & Automation ETF Price Performance

The firm’s 50-day moving average price is $71.56 and its 200 day moving average price is $67.78. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 23.13 and a beta of 1.29.

ROBO Global Robotics & Automation ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $0.2922 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 42.0%.

Institutional Trading of ROBO Global Robotics & Automation ETF

A number of large investors have recently made changes to their positions in the stock. Crews Bank & Trust increased its position in ROBO Global Robotics & Automation ETF by 354.0% during the 3rd quarter. Crews Bank & Trust now owns 454 shares of the company’s stock worth $30,000 after purchasing an additional 354 shares in the last quarter. Archer Investment Corp acquired a new stake in shares of ROBO Global Robotics & Automation ETF during the 4th quarter worth about $30,000. Cloud Capital Management LLC acquired a new stake in shares of ROBO Global Robotics & Automation ETF during the 3rd quarter worth about $38,000. GPS Wealth Strategies Group LLC grew its holdings in shares of ROBO Global Robotics & Automation ETF by 2,118.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 2,263 shares of the company’s stock worth $148,000 after buying an additional 2,161 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in shares of ROBO Global Robotics & Automation ETF in the second quarter valued at approximately $201,000.

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.