iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Stock Price Pass Below 200-Day Moving Average – Here’s What Happened

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $20.75 and traded as low as $20.04. iShares Breakthrough Environmental Solutions ETF shares last traded at $20.25, with a volume of 49 shares traded.

iShares Breakthrough Environmental Solutions ETF Trading Down 0.5 %

The firm’s 50-day moving average price is $20.54 and its 200 day moving average price is $20.75. The company has a market cap of $3.17 million, a price-to-earnings ratio of 19.57 and a beta of 1.28.

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.