iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Trading 1.3% Higher – Here’s Why

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETECGet Free Report)’s share price traded up 1.3% during mid-day trading on Tuesday . The company traded as high as $24.00 and last traded at $23.99. 6,087 shares were traded during mid-day trading, an increase of 1,319% from the average session volume of 429 shares. The stock had previously closed at $23.69.

iShares Breakthrough Environmental Solutions ETF Price Performance

The stock has a market cap of $3.87 million, a P/E ratio of 18.19 and a beta of 1.26. The stock has a 50-day simple moving average of $24.77 and a 200-day simple moving average of $22.50.

About iShares Breakthrough Environmental Solutions ETF

(Get Free Report)

The iShares Breakthrough Environmental Solutions ETF (ETEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies involved in breakthrough innovations addressing climate transition. The fund selects stocks by utilizing an Adoption Curve that contributes to a companys aggregate score (sum of revenue earned from green technology and product innovation score) ETEC was launched on Mar 28, 2023 and is managed by BlackRock.

Recommended Stories

Receive News & Ratings for iShares Breakthrough Environmental Solutions ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Breakthrough Environmental Solutions ETF and related companies with MarketBeat.com's FREE daily email newsletter.