iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Shares Down 0.9% – Time to Sell?

iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report)’s share price were down 0.9% during mid-day trading on Thursday . The company traded as low as $78.85 and last traded at $80.02. Approximately 1,311,993 shares traded hands during mid-day trading, an increase of 907% from the average daily volume of 130,270 shares. The stock had previously closed at $80.75.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Down 0.9%

The firm’s 50-day simple moving average is $60.85 and its 200-day simple moving average is $53.47. The firm has a market capitalization of $1.47 billion, a PE ratio of 32.81 and a beta of 1.13.

iShares Robotics and Artificial Intelligence Multisector ETF Company Profile

(Get Free Report)

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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