iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) Shares Sold by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC cut its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) by 25.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,870 shares of the company’s stock after selling 2,722 shares during the period. United Capital Financial Advisors LLC’s holdings in iShares Robotics and Artificial Intelligence Multisector ETF were worth $248,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 500.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 1,200 shares of the company’s stock valued at $38,000 after acquiring an additional 1,000 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of iShares Robotics and Artificial Intelligence Multisector ETF during the 4th quarter valued at $218,000. Advisors Preferred LLC bought a new stake in shares of iShares Robotics and Artificial Intelligence Multisector ETF in the 4th quarter worth $511,000. Strategic Advocates LLC lifted its holdings in shares of iShares Robotics and Artificial Intelligence Multisector ETF by 21.1% in the fourth quarter. Strategic Advocates LLC now owns 27,885 shares of the company’s stock valued at $879,000 after buying an additional 4,868 shares during the period. Finally, Arkadios Wealth Advisors bought a new position in iShares Robotics and Artificial Intelligence Multisector ETF during the fourth quarter valued at about $6,743,000.

iShares Robotics and Artificial Intelligence Multisector ETF Trading Down 0.5 %

Shares of iShares Robotics and Artificial Intelligence Multisector ETF stock opened at $29.80 on Tuesday. iShares Robotics and Artificial Intelligence Multisector ETF has a 52 week low of $28.23 and a 52 week high of $35.13. The company’s 50-day moving average price is $33.83 and its two-hundred day moving average price is $36.06. The stock has a market cap of $725.03 million, a PE ratio of 26.43 and a beta of 1.17.

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.