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 position in shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 213,984 shares of the company’s stock, valued at approximately $6,743,000. Arkadios Wealth Advisors owned approximately 1.08% of iShares Robotics and Artificial Intelligence Multisector ETF as of its most recent SEC filing.

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

iShares Robotics and Artificial Intelligence Multisector ETF Price Performance

iShares Robotics and Artificial Intelligence Multisector ETF stock opened at $38.36 on Friday. The firm has a market cap of $759.53 million, a PE ratio of 20.73 and a beta of 1.45. The stock’s fifty day moving average price is $37.59 and its two-hundred day moving average price is $35.03. iShares Robotics and Artificial Intelligence Multisector ETF has a one year low of $28.23 and a one year high of $35.13.

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.