iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) Short Interest Update

iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 1,472 shares, a decline of 43.4% from the November 30th total of 2,599 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 11,186 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 11,186 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

iShares U.S. Tech Breakthrough Multisector ETF Stock Down 0.5%

Shares of TECB traded down $0.28 on Monday, hitting $61.56. The company’s stock had a trading volume of 7,603 shares, compared to its average volume of 23,714. The firm’s fifty day moving average price is $61.55 and its 200-day moving average price is $59.55. iShares U.S. Tech Breakthrough Multisector ETF has a fifty-two week low of $41.69 and a fifty-two week high of $64.30. The firm has a market capitalization of $452.47 million, a price-to-earnings ratio of 30.82 and a beta of 1.17.

Institutional Trading of iShares U.S. Tech Breakthrough Multisector ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of 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 worth $81,000 after buying an additional 1,271 shares during the period. Fiduciary Alliance LLC bought a new stake in iShares U.S. Tech Breakthrough Multisector ETF in the 2nd quarter valued at approximately $324,000. Finally, Ancora Advisors LLC grew its stake in shares of iShares U.S. Tech Breakthrough Multisector ETF by 2.2% during the 1st quarter. Ancora Advisors LLC now owns 21,179 shares of the company’s stock worth $1,036,000 after acquiring an additional 457 shares in 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.