iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Shares Down 1.4% – Time to Sell?

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) dropped 1.4% during trading on Thursday . The company traded as low as $72.18 and last traded at $72.22. Approximately 319,038 shares changed hands during mid-day trading, an increase of 145% from the average daily volume of 130,270 shares. The stock had previously closed at $73.23.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Down 1.4%

The firm’s fifty day moving average is $71.98 and its two-hundred day moving average is $60.81. The firm has a market cap of $1.33 billion, a P/E ratio of 32.81 and a beta of 1.13.

iShares Robotics and Artificial Intelligence Multisector ETF Company Profile

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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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