Farther Finance Advisors LLC Has $234,000 Stock Holdings in iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO)

Farther Finance Advisors LLC cut its holdings in iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO) by 32.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,411 shares of the company’s stock after selling 3,587 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Robotics and Artificial Intelligence Multisector ETF were worth $234,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Advisors Preferred LLC acquired a new stake in iShares Robotics and Artificial Intelligence Multisector ETF in the fourth quarter valued at approximately $511,000. Strategic Advocates LLC lifted its stake in 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 acquiring an additional 4,868 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in iShares Robotics and Artificial Intelligence Multisector ETF in the fourth quarter valued at approximately $218,000. Bartlett & CO. Wealth Management LLC lifted its stake in 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 during the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in iShares Robotics and Artificial Intelligence Multisector ETF in the fourth quarter valued at approximately $6,743,000.

iShares Robotics and Artificial Intelligence Multisector ETF Stock Up 0.9 %

NYSEARCA IRBO opened at $34.29 on Wednesday. iShares Robotics and Artificial Intelligence Multisector ETF has a 12-month low of $28.23 and a 12-month high of $35.13. The stock has a market capitalization of $816.10 million, a PE ratio of 35.77 and a beta of 1.12. The company has a 50 day moving average price of $37.88 and a two-hundred day moving average price of $36.46.

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.