iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Stock Price Down 1.2% – Here’s What Happened

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRSGet Free Report) fell 1.2% during mid-day trading on Thursday . The stock traded as low as $35.05 and last traded at $35.07. 2,590 shares were traded during mid-day trading, an increase of 159% from the average session volume of 999 shares. The stock had previously closed at $35.48.

iShares Future Metaverse Tech and Communications ETF Stock Performance

The company has a market cap of $7.01 million, a price-to-earnings ratio of 29.81 and a beta of 0.96. The firm’s 50-day moving average price is $36.57 and its 200 day moving average price is $39.24.

About iShares Future Metaverse Tech and Communications ETF

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The iShares Future Metaverse Tech and Communications ETF (IVRS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of equity securities from around the world that are expected to contribute to the metaverse. IVRS was launched on Feb 14, 2023 and is managed by BlackRock.

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