iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Shares Up 0.7% – Here’s Why

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) shares were up 0.7% during trading on Wednesday . The company traded as high as $26.82 and last traded at $26.6750. Approximately 16,269 shares were traded during trading, an increase of 1,192% from the average daily volume of 1,259 shares. The stock had previously closed at $26.48.

iShares Breakthrough Environmental Solutions ETF Price Performance

The firm’s fifty day moving average price is $25.25 and its 200-day moving average price is $24.17. The firm has a market capitalization of $4.27 million, a P/E ratio of 18.19 and a beta of 1.26.

iShares Breakthrough Environmental Solutions ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.0343 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 28.0%.

iShares Breakthrough Environmental Solutions ETF Company Profile

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.