iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Stock Price Down 1.5% – Here’s What Happened

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC)’s stock price fell 1.5% during mid-day trading on Thursday . The stock traded as low as $27.75 and last traded at $27.76. 1,735 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 1,416 shares. The stock had previously closed at $28.19.

iShares Breakthrough Environmental Solutions ETF Stock Down 1.5%

The company has a fifty day simple moving average of $26.27 and a two-hundred day simple moving average of $24.88. The company has a market cap of $4.44 million, a price-to-earnings ratio of 18.19 and a beta of 1.26.

iShares Breakthrough Environmental Solutions ETF Announces Dividend

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

About iShares Breakthrough Environmental Solutions ETF

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.