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

iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 1,447 shares, a decline of 43.6% from the April 15th total of 2,567 shares. Based on an average daily trading volume, of 11,143 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

iShares U.S. Tech Breakthrough Multisector ETF Stock Performance

Shares of TECB opened at $68.37 on Tuesday. iShares U.S. Tech Breakthrough Multisector ETF has a 52 week low of $52.58 and a 52 week high of $69.12. The stock has a market capitalization of $485.43 million, a price-to-earnings ratio of 30.82 and a beta of 1.22. The stock has a fifty day moving average of $60.27 and a 200-day moving average of $60.29.

Hedge Funds Weigh In On iShares U.S. Tech Breakthrough Multisector ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new position in iShares U.S. Tech Breakthrough Multisector ETF in the 4th quarter worth about $49,000. JPMorgan Chase & Co. increased its holdings 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 worth $81,000 after purchasing an additional 1,271 shares in the last quarter. Fiduciary Alliance LLC increased its holdings 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 worth $441,000 after purchasing an additional 860 shares in the last quarter. Kirtland Hills Capital Management LLC increased its holdings in iShares U.S. Tech Breakthrough Multisector ETF by 50.2% in the 4th quarter. Kirtland Hills Capital Management LLC now owns 12,229 shares of the company’s stock worth $745,000 after purchasing an additional 4,089 shares in the last quarter. Finally, Ancora Advisors LLC increased its holdings in iShares U.S. Tech Breakthrough Multisector ETF by 4.4% in the 3rd quarter. Ancora Advisors LLC now owns 22,121 shares of the company’s stock worth $1,335,000 after purchasing an additional 939 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.