iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Shares Down 0.5% – Time to Sell?

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRSGet Free Report)’s share price dropped 0.5% during mid-day trading on Friday . The stock traded as low as $34.12 and last traded at $34.12. Approximately 410 shares were traded during mid-day trading, an increase of 204% from the average daily volume of 135 shares. The stock had previously closed at $34.28.

iShares Future Metaverse Tech and Communications ETF Stock Performance

The business’s 50 day moving average price is $34.35 and its 200-day moving average price is $33.67. The company has a market cap of $6.82 million, a price-to-earnings ratio of 31.97 and a beta of 1.32.

iShares Future Metaverse Tech and Communications ETF Company Profile

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The iShares Future Metaverse Tech and Communications ETF (IVRS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of equity securities from around the world that are expected to contribute to the metaverse. IVRS was launched on Feb 14, 2023 and is managed by BlackRock.

Further Reading

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