iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Share Price Cross Below 200-Day Moving Average – Here’s What Happened

iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $65.25 and traded as low as $58.61. iShares Robotics and Artificial Intelligence Multisector ETF shares last traded at $58.73, with a volume of 2,248,618 shares trading hands.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Down 10.5%

The stock has a 50-day simple moving average of $74.42 and a 200-day simple moving average of $65.25. The firm has a market capitalization of $1.08 billion, a PE ratio of 32.81 and a beta of 1.13.

About iShares Robotics and Artificial Intelligence Multisector ETF

(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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