iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Trading Up 0.9% – Here’s Why

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) shot up 0.9% during mid-day trading on Thursday . The stock traded as high as $74.95 and last traded at $74.77. 331,909 shares traded hands during mid-day trading, an increase of 155% from the average daily volume of 130,270 shares. The stock had previously closed at $74.07.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Performance

The firm has a market cap of $1.38 billion, a P/E ratio of 32.81 and a beta of 1.13. The stock’s 50-day moving average is $71.80 and its 200 day moving average is $63.21.

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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