Advisors Preferred LLC Invests $511,000 in iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO)

Advisors Preferred LLC acquired a new position in iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,219 shares of the company’s stock, valued at approximately $511,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IRBO. Flow Traders U.S. LLC lifted its holdings in iShares Robotics and Artificial Intelligence Multisector ETF by 131.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 130,177 shares of the company’s stock valued at $4,457,000 after buying an additional 73,873 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the third quarter valued at approximately $126,000. Arkadios Wealth Advisors bought a new position in iShares Robotics and Artificial Intelligence Multisector ETF in the fourth quarter worth approximately $6,743,000. Bartlett & CO. Wealth Management LLC increased its holdings in iShares Robotics and Artificial Intelligence Multisector ETF by 500.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,200 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the period. Finally, Janney Montgomery Scott LLC bought a new stake in iShares Robotics and Artificial Intelligence Multisector ETF during the 4th quarter valued at $218,000.

iShares Robotics and Artificial Intelligence Multisector ETF Trading Up 0.3 %

Shares of IRBO stock opened at $40.14 on Friday. The stock has a market capitalization of $794.77 million, a price-to-earnings ratio of 20.73 and a beta of 1.45. iShares Robotics and Artificial Intelligence Multisector ETF has a twelve month low of $28.23 and a twelve month high of $35.13. The stock has a fifty day simple moving average of $38.38 and a two-hundred day simple moving average of $35.53.

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.