iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Trading 1% Higher – Still a Buy?

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) traded up 1% on Thursday . The company traded as high as $73.52 and last traded at $72.73. 377,710 shares traded hands during mid-day trading, an increase of 190% from the average session volume of 130,270 shares. The stock had previously closed at $71.98.

iShares Robotics and Artificial Intelligence Multisector ETF Price Performance

The firm has a 50-day simple moving average of $71.97 and a 200-day simple moving average of $65.74. The firm has a market capitalization of $1.38 billion, a PE 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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