Prime Capital Investment Advisors LLC Lowers Position in iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB)

Prime Capital Investment Advisors LLC lowered its stake in shares of iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) by 28.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,847 shares of the company’s stock after selling 4,323 shares during the period. Prime Capital Investment Advisors LLC owned approximately 0.13% of iShares U.S. Tech Breakthrough Multisector ETF worth $556,000 at the end of the most recent reporting period.

Separately, United Advisor Group LLC raised its position in shares of iShares U.S. Tech Breakthrough Multisector ETF by 18.2% in the 3rd quarter. United Advisor Group LLC now owns 6,752 shares of the company’s stock worth $346,000 after buying an additional 1,041 shares during the period.

iShares U.S. Tech Breakthrough Multisector ETF Trading Down 2.0 %

TECB stock opened at $53.35 on Friday. The company has a market cap of $453.48 million, a PE ratio of 38.50 and a beta of 1.38. The stock has a 50-day moving average price of $51.73 and a two-hundred day moving average price of $49.87. iShares U.S. Tech Breakthrough Multisector ETF has a 12-month low of $38.84 and a 12-month high of $55.42.

About iShares U.S. Tech Breakthrough Multisector ETF

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.