Shares of VanEck Robotics ETF (NASDAQ:IBOT – Get Free Report) were up 1.1% during trading on Tuesday . The stock traded as high as $68.39 and last traded at $67.92. Approximately 7,869 shares changed hands during trading, a decline of 59% from the average daily volume of 19,001 shares. The stock had previously closed at $67.15.
VanEck Robotics ETF Stock Performance
The firm’s 50 day moving average price is $65.68 and its two-hundred day moving average price is $61.54. The company has a market cap of $101.88 million, a P/E ratio of 27.21 and a beta of 1.37.
Institutional Investors Weigh In On VanEck Robotics ETF
Several hedge funds and other institutional investors have recently bought and sold shares of IBOT. Jane Street Group LLC acquired a new position in shares of VanEck Robotics ETF during the first quarter valued at about $256,000. First Heartland Consultants Inc. acquired a new stake in shares of VanEck Robotics ETF in the 2nd quarter valued at about $420,000. Finally, Accel Wealth Management increased its position in VanEck Robotics ETF by 30.4% in the 2nd quarter. Accel Wealth Management now owns 14,667 shares of the company’s stock valued at $1,009,000 after buying an additional 3,420 shares in the last quarter.
VanEck Robotics ETF Company Profile
The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.
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