iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Shares Down 1.2% – Should You Sell?

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRSGet Free Report) dropped 1.2% during mid-day trading on Thursday . The company traded as low as $35.05 and last traded at $35.07. Approximately 2,590 shares changed hands during trading, an increase of 159% from the average daily volume of 999 shares. The stock had previously closed at $35.48.

iShares Future Metaverse Tech and Communications ETF Trading Down 1.2%

The firm has a market cap of $7.01 million, a P/E ratio of 29.81 and a beta of 0.96. The company’s fifty day moving average price is $36.57 and its two-hundred day moving average price is $39.24.

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.

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