iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Stock Price Down 0.5% – Should You Sell?

Shares of iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) fell 0.5% during trading on Friday . The stock traded as low as $26.75 and last traded at $26.75. 306 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 1,372 shares. The stock had previously closed at $26.88.

iShares Breakthrough Environmental Solutions ETF Stock Performance

The firm has a market cap of $4.28 million, a P/E ratio of 18.19 and a beta of 1.26. The firm’s fifty day simple moving average is $26.89 and its 200 day simple moving average is $25.42.

iShares Breakthrough Environmental Solutions ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.0343 per share. This represents a yield of 28.0%. The ex-dividend date was Tuesday, December 16th.

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.