ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Hits New 1-Year Low – Should You Sell?

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $48.78 and last traded at $48.93, with a volume of 121817 shares. The stock had previously closed at $52.03.

ROBO Global Robotics & Automation ETF Stock Performance

The company has a fifty day moving average of $57.09 and a two-hundred day moving average of $56.90. The firm has a market capitalization of $881.47 million, a price-to-earnings ratio of 22.69 and a beta of 1.26.

Institutional Trading of ROBO Global Robotics & Automation ETF

A number of institutional investors have recently bought and sold shares of ROBO. Silverleafe Capital Partners LLC grew its holdings in shares of ROBO Global Robotics & Automation ETF by 5.0% during the 4th quarter. Silverleafe Capital Partners LLC now owns 63,289 shares of the company’s stock worth $3,561,000 after purchasing an additional 3,023 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in ROBO Global Robotics & Automation ETF during the fourth quarter worth about $2,061,000. JPMorgan Chase & Co. increased its holdings in ROBO Global Robotics & Automation ETF by 12.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,616 shares of the company’s stock valued at $206,000 after buying an additional 411 shares during the period. AlphaMark Advisors LLC raised its position in shares of ROBO Global Robotics & Automation ETF by 56.7% in the 4th quarter. AlphaMark Advisors LLC now owns 2,695 shares of the company’s stock valued at $152,000 after buying an additional 975 shares in the last quarter. Finally, Oarsman Capital Inc. lifted its holdings in shares of ROBO Global Robotics & Automation ETF by 34.5% during the 4th quarter. Oarsman Capital Inc. now owns 780 shares of the company’s stock worth $44,000 after acquiring an additional 200 shares during the period.

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.