Sunbelt Securities Inc. Sells 8,054 Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO)

Sunbelt Securities Inc. lessened its stake in shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) by 59.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,560 shares of the company’s stock after selling 8,054 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Robotics and Artificial Intelligence Multisector ETF were worth $191,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 18.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 6,463 shares of the company’s stock valued at $223,000 after purchasing an additional 1,024 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in iShares Robotics and Artificial Intelligence Multisector ETF by 217.5% during the 4th quarter. First Horizon Advisors Inc. now owns 9,318 shares of the company’s stock valued at $321,000 after purchasing an additional 6,383 shares during the last quarter. Finally, PVG Asset Management Corp acquired a new position in iShares Robotics and Artificial Intelligence Multisector ETF in the fourth quarter valued at about $368,000.

iShares Robotics and Artificial Intelligence Multisector ETF Trading Up 0.4 %

Shares of iShares Robotics and Artificial Intelligence Multisector ETF stock opened at $33.19 on Friday. The stock has a market capitalization of $657.16 million, a price-to-earnings ratio of 20.73 and a beta of 1.45. The firm’s 50-day moving average price is $33.45 and its two-hundred day moving average price is $33.58. iShares Robotics and Artificial Intelligence Multisector ETF has a 1-year low of $28.23 and a 1-year high of $35.39.

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.