iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Trading 3.6% Higher – Here’s What Happened

Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) shot up 3.6% during trading on Thursday . The stock traded as high as $61.3330 and last traded at $61.28. 834,368 shares were traded during trading, an increase of 540% from the average session volume of 130,270 shares. The stock had previously closed at $59.17.

iShares Robotics and Artificial Intelligence Multisector ETF Price Performance

The stock has a 50 day moving average price of $50.75 and a two-hundred day moving average price of $49.69. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 32.81 and a beta of 1.13.

iShares Robotics and Artificial Intelligence Multisector ETF Company 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.