iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Stake Boosted by Flow Traders U.S. LLC

Flow Traders U.S. LLC raised its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) by 131.2% in the 3rd quarter, Holdings Channel reports. The firm owned 130,177 shares of the company’s stock after purchasing an additional 73,873 shares during the quarter. Flow Traders U.S. LLC’s holdings in iShares Robotics and Artificial Intelligence Multisector ETF were worth $4,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of 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 during the period. Comerica Bank boosted its stake in iShares Robotics and Artificial Intelligence Multisector ETF by 4.4% in the first quarter. Comerica Bank now owns 12,135 shares of the company’s stock valued at $417,000 after acquiring an additional 512 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF during the second quarter valued at approximately $128,000. Family Firm Inc. bought a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF during the second quarter valued at approximately $57,000. Finally, Tsfg LLC raised its position in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 128.2% during the 2nd quarter. Tsfg LLC now owns 26,476 shares of the company’s stock worth $879,000 after purchasing an additional 14,873 shares during the period.

iShares Robotics and Artificial Intelligence Multisector ETF Price Performance

NYSEARCA:IRBO opened at $37.06 on Friday. The firm has a market capitalization of $733.79 million, a P/E ratio of 20.73 and a beta of 1.45. The business has a 50 day simple moving average of $35.21 and a 200 day simple moving average of $33.93. iShares Robotics and Artificial Intelligence Multisector ETF has a 12-month low of $28.23 and a 12-month high of $35.13.

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.