iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Shares Up 1.3% – Time to Buy?

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

iShares Breakthrough Environmental Solutions ETF Stock Performance

The firm has a market cap of $3.84 million, a P/E ratio of 18.19 and a beta of 1.26. The firm’s fifty day moving average is $24.78 and its 200 day moving average is $22.47.

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.

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