iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Stock Price Down 0.9% – Here’s What Happened

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) shares fell 0.9% on Wednesday . The company traded as low as $27.88 and last traded at $28.14. 857 shares were traded during trading, a decline of 50% from the average session volume of 1,718 shares. The stock had previously closed at $28.40.

iShares Environmentally Aware Real Estate ETF Stock Performance

The stock has a market cap of $9.70 million, a price-to-earnings ratio of 26.85 and a beta of 0.87. The business’s fifty day simple moving average is $28.33 and its 200 day simple moving average is $27.60.

About iShares Environmentally Aware Real Estate ETF

The iShares Environmentally Aware Real Estate ETF (ERET) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate companies from developed markets weighted based on a target exposure to green certification, energy efficiency, and level of carbon emission intensity. ERET was launched on Nov 15, 2022 and is managed by BlackRock.