Farther Finance Advisors LLC Sells 3,587 Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO)

Farther Finance Advisors LLC decreased its position in iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) by 32.6% during the fourth quarter, HoldingsChannel reports. The firm owned 7,411 shares of the company’s stock after selling 3,587 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Robotics and Artificial Intelligence Multisector ETF were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of IRBO. Bartlett & CO. Wealth Management LLC raised its position in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 500.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 1,200 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares during the period. LRI Investments LLC bought a new position in iShares Robotics and Artificial Intelligence Multisector ETF during the third quarter worth $126,000. Janney Montgomery Scott LLC bought a new position in iShares Robotics and Artificial Intelligence Multisector ETF during the fourth quarter worth $218,000. Advisors Preferred LLC bought a new position in iShares Robotics and Artificial Intelligence Multisector ETF during the fourth quarter worth $511,000. Finally, Strategic Advocates LLC increased its position in iShares Robotics and Artificial Intelligence Multisector ETF by 21.1% during the fourth quarter. Strategic Advocates LLC now owns 27,885 shares of the company’s stock worth $879,000 after acquiring an additional 4,868 shares during the period.

iShares Robotics and Artificial Intelligence Multisector ETF Trading Up 0.9 %

Shares of IRBO stock opened at $34.29 on Wednesday. iShares Robotics and Artificial Intelligence Multisector ETF has a 1 year low of $28.23 and a 1 year high of $35.13. The firm’s fifty day simple moving average is $37.88 and its 200 day simple moving average is $36.46. The firm has a market capitalization of $816.10 million, a P/E ratio of 35.77 and a beta of 1.12.

iShares Robotics and Artificial Intelligence Multisector ETF Profile

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.