iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Stock Price Down 0.5% – Here’s What Happened

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

iShares Breakthrough Environmental Solutions ETF Trading Down 0.5%

The business’s 50 day moving average price is $26.89 and its two-hundred day moving average price is $25.43. The stock has a market cap of $4.28 million, a P/E ratio of 18.19 and a beta of 1.26.

iShares Breakthrough Environmental Solutions ETF Announces Dividend

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

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.