iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Shares Down 0.6% – Should You Sell?

iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) shares fell 0.6% during trading on Thursday . The company traded as low as $72.60 and last traded at $73.95. Approximately 655,583 shares traded hands during trading, an increase of 403% from the average daily volume of 130,270 shares. The stock had previously closed at $74.42.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Performance

The firm’s 50-day simple moving average is $68.74 and its 200 day simple moving average is $56.45. The company has a market cap of $1.36 billion, a P/E ratio of 32.81 and a beta of 1.13.

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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