NewEdge Advisors LLC Sells 1,567 Shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO)

NewEdge Advisors LLC reduced its position in shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) by 5.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,845 shares of the company’s stock after selling 1,567 shares during the period. NewEdge Advisors LLC owned about 0.14% of iShares Robotics and Artificial Intelligence Multisector ETF worth $924,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IRBO. Lynx Investment Advisory bought a new position in iShares Robotics and Artificial Intelligence Multisector ETF during the 2nd quarter valued at about $25,000. Adirondack Trust Co. bought a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the second quarter worth about $50,000. Farmers & Merchants Investments Inc. bought a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the first quarter worth about $56,000. Family Firm Inc. bought a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the second quarter worth about $57,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the second quarter worth about $128,000.

iShares Robotics and Artificial Intelligence Multisector ETF Trading Up 1.8 %

Shares of NYSEARCA IRBO opened at $34.51 on Tuesday. iShares Robotics and Artificial Intelligence Multisector ETF has a 1-year low of $28.23 and a 1-year high of $35.13. The company has a market cap of $683.30 million, a PE ratio of 20.73 and a beta of 1.45. The company has a 50-day moving average of $32.94 and a two-hundred day moving average of $33.32.

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.