Wells Fargo & Company MN has reduced its investment in the First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) by 16.6% during the fourth quarter, according to their latest 13F filing with the SEC. After the sale of 66,773 shares, Wells Fargo now owns 336,479 shares, representing a 3.03% ownership in the ETF. The total value of these holdings stood at approximately $15.32 million at the end of the quarter. This move reflects a broader trend among various hedge funds adjusting their stakes in ROBT, with several firms either increasing or initiating positions in the ETF during the previous quarters.
Wells Fargo Trims Stake in Robotics ETF, ROBT
Wells Fargo & Company MN reduces its holdings in ROBT by 16.6%.
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