iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Trading Up 0.2% – Here’s Why

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) rose 0.2% during trading on Thursday . The stock traded as high as $41.86 and last traded at $41.83. Approximately 277,498 shares changed hands during trading, an increase of 113% from the average daily volume of 130,270 shares. The stock had previously closed at $41.73.

iShares Robotics and Artificial Intelligence Multisector ETF Price Performance

The firm’s 50-day moving average price is $38.54 and its 200 day moving average price is $36.39. The firm has a market cap of $769.67 million, a P/E ratio of 32.81 and a beta of 1.13.

About iShares Robotics and Artificial Intelligence Multisector ETF

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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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