iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Trading Down 0.1% – Here’s Why

iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) shares fell 0.1% on Wednesday . The stock traded as low as $46.8708 and last traded at $47.36. 244,576 shares traded hands during trading, an increase of 88% from the average session volume of 130,270 shares. The stock had previously closed at $47.40.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Down 0.1%

The stock’s fifty day moving average price is $48.31 and its 200-day moving average price is $44.31. The company has a market capitalization of $871.42 million, a price-to-earnings 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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