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

iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 738 shares, a decline of 75.9% from the February 26th total of 3,062 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 16,395 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 16,395 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

iShares U.S. Tech Breakthrough Multisector ETF Trading Up 0.9%

Shares of TECB traded up $0.50 on Wednesday, reaching $56.08. The company’s stock had a trading volume of 11,891 shares, compared to its average volume of 14,670. iShares U.S. Tech Breakthrough Multisector ETF has a twelve month low of $41.69 and a twelve month high of $64.30. The stock has a market capitalization of $400.97 million, a PE ratio of 30.82 and a beta of 1.17. The firm has a fifty day moving average of $58.22 and a 200-day moving average of $60.16.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Ancora Advisors LLC lifted its holdings in shares of iShares U.S. Tech Breakthrough Multisector ETF by 4.4% in the third quarter. Ancora Advisors LLC now owns 22,121 shares of the company’s stock valued at $1,335,000 after purchasing an additional 939 shares in the last quarter. Kirtland Hills Capital Management LLC grew its holdings 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 worth $745,000 after buying an additional 4,089 shares in the last quarter. Fiduciary Alliance LLC raised its position in iShares U.S. Tech Breakthrough Multisector ETF by 13.5% in the 4th quarter. Fiduciary Alliance LLC now owns 7,245 shares of the company’s stock valued at $441,000 after buying an additional 860 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares U.S. Tech Breakthrough Multisector ETF by 1,765.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,343 shares of the company’s stock valued at $81,000 after buying an additional 1,271 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in iShares U.S. Tech Breakthrough Multisector ETF during the 4th quarter valued at $49,000.

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.