iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB – Get Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $71.80 and last traded at $71.78, with a volume of 2123 shares. The stock had previously closed at $70.66.
iShares U.S. Tech Breakthrough Multisector ETF Stock Performance
The business’s fifty day moving average price is $62.03 and its two-hundred day moving average price is $60.64. The stock has a market capitalization of $510.85 million, a P/E ratio of 30.82 and a beta of 1.22.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Kirtland Hills Capital Management LLC increased its position in iShares U.S. Tech Breakthrough Multisector ETF by 50.2% during 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. Elyxium Wealth LLC bought a new position in iShares U.S. Tech Breakthrough Multisector ETF during the fourth quarter valued at $49,000. Ancora Advisors LLC increased its position in iShares U.S. Tech Breakthrough Multisector ETF by 4.4% during 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. JPMorgan Chase & Co. increased its position in iShares U.S. Tech Breakthrough Multisector ETF by 1,765.3% during 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. Finally, Fiduciary Alliance LLC increased its position in iShares U.S. Tech Breakthrough Multisector ETF by 13.5% during 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.
About iShares U.S. Tech Breakthrough Multisector ETF
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.
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