iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Trading Up 1.6% – Here’s What Happened

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) shot up 1.6% during mid-day trading on Thursday . The stock traded as high as $50.4447 and last traded at $49.95. 342,284 shares traded hands during trading, an increase of 163% from the average session volume of 130,270 shares. The stock had previously closed at $49.15.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Performance

The firm has a market capitalization of $919.08 million, a P/E ratio of 32.81 and a beta of 1.13. The firm’s 50-day moving average is $50.76 and its 200 day moving average is $48.25.

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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