iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $39.14 and last traded at $39.08, with a volume of 242258 shares trading hands. The stock had previously closed at $38.51.
iShares Robotics and Artificial Intelligence Multisector ETF Stock Performance
The company has a 50 day moving average of $36.08 and a 200 day moving average of $34.23. The stock has a market capitalization of $773.78 million, a price-to-earnings ratio of 20.73 and a beta of 1.45.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in iShares Robotics and Artificial Intelligence Multisector ETF by 179.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 17,942 shares of the company’s stock valued at $594,000 after buying an additional 11,527 shares in the last quarter. Family Firm Inc. purchased a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF during the 2nd quarter worth $57,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF during the 2nd quarter worth $128,000. Flow Traders U.S. LLC grew its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 131.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 130,177 shares of the company’s stock worth $4,457,000 after purchasing an additional 73,873 shares during the period. Finally, LRI Investments LLC purchased a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF during the 3rd quarter worth $126,000.
About iShares Robotics and Artificial Intelligence Multisector ETF
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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