iShares Future Cloud 5G and Tech ETF (NYSEARCA:IDAT – Get Free Report) were down 1.1% on Tuesday . The stock traded as low as $32.11 and last traded at $32.11. Approximately 489 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 1,356 shares. The stock had previously closed at $32.48.
iShares Future Cloud 5G and Tech ETF Price Performance
The business has a 50-day moving average of $31.23 and a 200-day moving average of $30.68. The firm has a market cap of $7.71 million, a price-to-earnings ratio of 21.40 and a beta of 1.40.
About iShares Future Cloud 5G and Tech ETF
The iShares Cloud 5G and Tech ETF (IDAT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of global technology companies that focus on two primary themes: cloud computing and 5G. Holdings are weighted by market-cap within each theme. IDAT was launched on Jun 8, 2021 and is managed by BlackRock.
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