iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Shares Down 1.2% – Here’s What Happened

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) dropped 1.2% during mid-day trading on Thursday . The company traded as low as $50.15 and last traded at $50.33. Approximately 474,592 shares changed hands during trading, an increase of 264% from the average daily volume of 130,270 shares. The stock had previously closed at $50.92.

iShares Robotics and Artificial Intelligence Multisector ETF Trading Down 1.2%

The firm has a market cap of $926.07 million, a price-to-earnings ratio of 32.81 and a beta of 1.13. The firm has a 50-day moving average of $48.19 and a two-hundred day moving average of $45.43.

About iShares Robotics and Artificial Intelligence Multisector ETF

(Get Free Report)

The iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equal-weighted index of global equities involved in robotics and artificial intelligence. IRBO was launched on Jun 26, 2018 and is managed by BlackRock.

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