iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Trading Up 2.4%

iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO – Get Rating) shares were up 2.4% during trading on Friday . The company traded as high as $30.84 and last traded at $30.79. Approximately 184,288 shares traded hands during trading, an increase of 105% from the average daily volume of 89,784 shares. The stock had previously closed at $30.06.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Performance

The business’s 50-day moving average price is $29.85 and its 200 day moving average price is $28.59. The stock has a market capitalization of $320.22 million, a PE ratio of 11.56 and a beta of 1.13.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Kovack Advisors Inc. grew its position in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 5.4% during the 4th quarter. Kovack Advisors Inc. now owns 9,691 shares of the company’s stock valued at $247,000 after purchasing an additional 500 shares in the last quarter. Flow Traders U.S. LLC grew its position in iShares Robotics and Artificial Intelligence Multisector ETF by 2.4% in the first quarter. Flow Traders U.S. LLC now owns 27,982 shares of the company’s stock worth $962,000 after acquiring an additional 666 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position in iShares Robotics and Artificial Intelligence Multisector ETF by 256.7% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,202 shares of the company’s stock worth $38,000 after acquiring an additional 865 shares in the last quarter. NewEdge Advisors LLC grew its position in iShares Robotics and Artificial Intelligence Multisector ETF by 35.0% in the first quarter. NewEdge Advisors LLC now owns 3,378 shares of the company’s stock worth $106,000 after acquiring an additional 875 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new position in iShares Robotics and Artificial Intelligence Multisector ETF in the fourth quarter worth $32,000.

iShares Robotics and Artificial Intelligence Multisector ETF Company Profile

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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.