iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Trading Down 0.5% – Here’s What Happened

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRSGet Free Report)’s share price dropped 0.5% during trading on Wednesday . The stock traded as low as $31.78 and last traded at $31.78. Approximately 128 shares were traded during trading, a decline of 84% from the average daily volume of 797 shares. The stock had previously closed at $31.94.

iShares Future Metaverse Tech and Communications ETF Trading Down 0.5%

The stock has a market capitalization of $7.95 million, a P/E ratio of 29.81 and a beta of 1.04. The stock’s 50 day simple moving average is $31.93 and its 200 day simple moving average is $32.67.

iShares Future Metaverse Tech and Communications ETF Company Profile

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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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