iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO – Get Free Report) dropped 0.8% during trading on Thursday. The company traded as low as $79.37 and last traded at $80.60. Approximately 540,310 shares changed hands during mid-day trading, an increase of 315% from the average daily volume of 130,270 shares. The stock had previously closed at $81.24.
iShares Robotics and Artificial Intelligence Multisector ETF Stock Performance
The firm has a market capitalization of $1.48 billion, a PE ratio of 32.81 and a beta of 1.13. The stock’s 50 day simple moving average is $75.24 and its two-hundred day simple moving average is $68.78.
iShares Robotics and Artificial Intelligence Multisector ETF Company Profile
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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