iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Shares Down 0.8% – Should You Sell?

iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO – Get Free Report) shares were down 0.8% during trading on Thursday. The stock traded as low as $79.37 and last traded at $80.60. Approximately 540,310 shares traded hands during mid-day trading, an increase of 315% from the average session volume of 130,270 shares. The stock had previously closed at $81.24.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Up 1.0%

The firm has a market cap of $1.46 billion, a PE ratio of 32.81 and a beta of 1.13. The stock’s fifty day simple moving average is $75.48 and its two-hundred day simple moving average is $68.85.

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.

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