iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $70.71 and last traded at $70.71, with a volume of 1585 shares changing hands. The stock had previously closed at $69.56.
iShares U.S. Tech Breakthrough Multisector ETF Trading Up 1.6%
The company has a 50 day moving average of $60.94 and a 200-day moving average of $60.40. The firm has a market capitalization of $501.76 million, a P/E ratio of 30.82 and a beta of 1.22.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of TECB. JPMorgan Chase & Co. grew its position in iShares U.S. Tech Breakthrough Multisector ETF by 1,765.3% in the third quarter. JPMorgan Chase & Co. now owns 1,343 shares of the company’s stock valued at $81,000 after acquiring an additional 1,271 shares during the last quarter. Ancora Advisors LLC grew its position in iShares U.S. Tech Breakthrough Multisector ETF by 4.4% in the third quarter. Ancora Advisors LLC now owns 22,121 shares of the company’s stock valued at $1,335,000 after acquiring an additional 939 shares during the last quarter. Fiduciary Alliance LLC grew its position in iShares U.S. Tech Breakthrough Multisector ETF by 13.5% in the fourth quarter. Fiduciary Alliance LLC now owns 7,245 shares of the company’s stock valued at $441,000 after acquiring an additional 860 shares during the last quarter. Elyxium Wealth LLC bought a new position in iShares U.S. Tech Breakthrough Multisector ETF in the fourth quarter valued at about $49,000. Finally, Kirtland Hills Capital Management LLC grew its position in iShares U.S. Tech Breakthrough Multisector ETF by 50.2% in the fourth quarter. Kirtland Hills Capital Management LLC now owns 12,229 shares of the company’s stock valued at $745,000 after acquiring an additional 4,089 shares during the last quarter.
iShares U.S. Tech Breakthrough Multisector ETF Company Profile
The iShares U.S. Tech Breakthrough Multisector ETF (TECB) is an exchange-traded fund that is based on the NYSE FactSet U.S. Tech Breakthrough index. The fund tracks an index of US equities that could benefit from breakthrough technologies, modified market cap weighted. TECB was launched on Jan 8, 2020 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares U.S. Tech Breakthrough Multisector ETF
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for iShares U.S. Tech Breakthrough Multisector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Tech Breakthrough Multisector ETF and related companies with MarketBeat.com's FREE daily email newsletter.
