iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS – Get Free Report) dropped 3.5% during mid-day trading on Wednesday . The company traded as low as $33.30 and last traded at $33.30. Approximately 156 shares changed hands during trading, a decline of 67% from the average daily volume of 468 shares. The stock had previously closed at $34.49.
iShares Future Metaverse Tech and Communications ETF Stock Down 3.5 %
The firm’s 50-day moving average is $35.04 and its 200-day moving average is $33.59. The company has a market capitalization of $6.66 million, a PE ratio of 31.97 and a beta of 1.32.
About iShares Future Metaverse Tech and Communications ETF
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.
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