Ishares Breakthrough Environmental Etf Profile
ETEC Etf | USD 20.05 0.33 1.67% |
Performance0 of 100
| Odds Of DistressLess than 12
|
IShares Breakthrough is trading at 20.05 as of the 30th of November 2024, a 1.67 percent increase since the beginning of the trading day. The etf's open price was 19.72. IShares Breakthrough has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for iShares Breakthrough Environmental are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Emtec, Inc. provides industry-specific transformative digital solutions in the United States, Canada, and India. Emtec, Inc. was founded in 2001 and is headquartered in Radnor, Pennsylvania. ETEC SYSTEMS operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. The company has 18.2 M outstanding shares. More on iShares Breakthrough Environmental
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IShares Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Theme ETFs, Technology, Information Technology Services, Technology (View all Sectors) |
Issuer | iShares |
Inception Date | 2023-03-28 |
Benchmark | Morningstar Global Emerging Green Technologies Select Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 3.16 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Theme |
Market Concentration | Blended Development |
Region | Global |
Administrator | State Street Bank and Trust Company |
Advisor | BlackRock Fund Advisors |
Custodian | State Street Bank and Trust Company |
Distributor | BlackRock Investments, LLC |
Portfolio Manager | Jennifer Hsui, Greg Savage, Paul Whitehead |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Jul |
Exchange | NASDAQ |
Number of Constituents | 61.0 |
Market Maker | Susquehanna |
Total Expense | 0.47 |
Management Fee | 0.47 |
200 Day M A | 21.0083 |
Country Name | USA |
50 Day M A | 20.9887 |
Code | ETEC |
Updated At | 29th of November 2024 |
Returns Y T D | (14.07) |
Name | iShares Breakthrough Environmental Solutions ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01G09Q7Z1 |
Type | ETF |
1y Volatility | 29.43 |
iShares Breakthrough Environmental [ETEC] is traded in USA and was established null. The fund is listed under Technology. The entity is thematically classified as Strategy ETFs. iShares Breakthrough currently have in assets under management (AUM). , while the total return for the last year was -5.9%.
iShares Breakthrough Environmental currently holds about 499 K in cash with 1.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check IShares Breakthrough Probability Of Bankruptcy
Geographic Allocation (%)
iShares Breakthrough Currency Exposure
iShares Breakthrough Environmental holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Breakthrough will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Breakthrough Environmental.
Top iShares Breakthrough Environmental Etf Constituents
6409 | Voltronic Power Technology | Stock | Electrical Equipment & Parts | |
BWA | BorgWarner | Stock | Consumer Discretionary | |
SEDG | SolarEdge Technologies | Stock | Information Technology | |
6443 | TSEC Corp | Stock | Solar | |
USD | ProShares Ultra Semiconductors | Etf | Trading--Leveraged Equity | |
9914 | Merida Industry Co | Stock | Consumer Discretionary | |
6781 | Advanced Energy Solution | Stock | Electrical Equipment & Parts | |
TSLA | Tesla Inc | Stock | Consumer Discretionary |
iShares Breakthrough Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Breakthrough. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0126 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0.07) |
IShares Breakthrough Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares Breakthrough Environmental. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of iShares Breakthrough is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Breakthrough's value that differs from its market value or its book value, called intrinsic value, which is IShares Breakthrough's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Breakthrough's market value can be influenced by many factors that don't directly affect IShares Breakthrough's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Breakthrough's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Breakthrough is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Breakthrough's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.