Arkadios Wealth Advisors Makes New $6.74 Million Investment in iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO)

Arkadios Wealth Advisors bought a new stake in iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 213,984 shares of the company’s stock, valued at approximately $6,743,000.

Separately, LRI Investments LLC acquired a new position in iShares Robotics and Artificial Intelligence Multisector ETF during the 3rd quarter worth approximately $126,000.

iShares Robotics and Artificial Intelligence Multisector ETF Price Performance

Shares of NYSEARCA:IRBO opened at $38.36 on Friday. iShares Robotics and Artificial Intelligence Multisector ETF has a one year low of $28.23 and a one year high of $35.13. The company has a market cap of $759.53 million, a price-to-earnings ratio of 20.73 and a beta of 1.45. The firm has a 50 day simple moving average of $37.59 and a 200 day simple moving average of $35.03.

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.