iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Sees Large Volume Increase

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBOGet Free Report) saw unusually-high trading volume on Friday . Approximately 35,813 shares traded hands during trading, a decline of 72% from the previous session’s volume of 128,646 shares.The stock last traded at $33.87 and had previously closed at $33.77.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Performance

The company has a market cap of $671.81 million, a P/E ratio of 20.73 and a beta of 1.45. The stock has a 50-day moving average of $33.55 and a two-hundred day moving average of $33.57.

Institutional Trading of iShares Robotics and Artificial Intelligence Multisector ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Comerica Bank increased its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 4.4% in the 1st quarter. Comerica Bank now owns 12,135 shares of the company’s stock worth $417,000 after purchasing an additional 512 shares in the last quarter. Farmers & Merchants Investments Inc. bought a new stake in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the 1st quarter worth $56,000. Tsfg LLC increased its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 268.7% in the 1st quarter. Tsfg LLC now owns 11,603 shares of the company’s stock worth $399,000 after purchasing an additional 8,456 shares in the last quarter. PVG Asset Management Corp bought a new stake in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the 4th quarter worth $368,000. Finally, First Horizon Advisors Inc. increased its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 217.5% in the 4th quarter. First Horizon Advisors Inc. now owns 9,318 shares of the company’s stock worth $321,000 after purchasing an additional 6,383 shares in the last quarter.

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.

Read More

Receive News & Ratings for iShares Robotics and Artificial Intelligence Multisector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Robotics and Artificial Intelligence Multisector ETF and related companies with MarketBeat.com's FREE daily email newsletter.