iShares U.S. Tech Breakthrough Multisector ETF company info

What does iShares U.S. Tech Breakthrough Multisector ETF do?
iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) operates as an exchange-traded fund aiming to tap into the dynamic sphere of U.S. technology and multi-sector innovations. It seeks to invest in what it perceives as technology breakthroughs, covering a broad spectrum including information technology, healthcare innovations, robotics, and artificial intelligence among others. The fund looks to track the performance of an index composed of U.S. companies that are leading the charge in technological advancements, ensuring a diversified portfolio aimed at capital growth over time. Through its investment strategy, iShares U.S. Tech Breakthrough Multisector ETF strives to offer investors unique exposure to pioneering technology sectors, with the objective of achieving long-term investment results that correspond generally to the price and yield performance, before fees and expenses, of its underlying index.
iShares U.S. Tech Breakthrough Multisector ETF company media
Company Snapshot

Is iShares U.S. Tech Breakthrough Multisector ETF a public or private company?

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Ownership
Public

What sector is iShares U.S. Tech Breakthrough Multisector ETF in?

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Sector
ETF

Where is the head office for iShares U.S. Tech Breakthrough Multisector ETF?

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Head Office
San Francisco, United States

What year was iShares U.S. Tech Breakthrough Multisector ETF founded?

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Year Founded
2020
What does iShares U.S. Tech Breakthrough Multisector ETF specialise in?
/Investment Fund /Tech Breakthrough /Multisector Coverage /Portfolio Management /Financial Services /Risk Management

What are the products and/or services of iShares U.S. Tech Breakthrough Multisector ETF?

Overview of iShares U.S. Tech Breakthrough Multisector ETF offerings
Focus on Breakthrough Technologies: TECB invests in a basket of U.S. companies that could potentially benefit from the development and adoption of various breakthrough technologies.
Multisector Approach: TECB doesn't limit itself to a single industry sector. It invests in companies across various sectors that are believed to be innovating or heavily reliant on these breakthrough technologies.
Exposure to U.S. Tech Innovation: By investing in TECB, you gain indirect exposure to a basket of U.S. companies at the forefront of technological advancements and potentially poised for significant growth.
Passive Management: TECB likely tracks an index that focuses on U.S. companies positioned to benefit from breakthrough technologies. The holdings are automatically adjusted to reflect the index composition, potentially resulting in lower fees compared to actively managed technology ETFs.
Potential for Capital Appreciation: The value of TECB can potentially grow over time as the underlying companies' stock prices increase due to their involvement in these emerging technologies. However, the ETF's performance may be more volatile compared to a broader market ETF.
Higher Growth Potential with Higher Risk: The focus on breakthrough technologies can offer the potential for high growth, but these companies may also be riskier compared to established companies in mature industries. The ETF's price can fluctuate more significantly depending on market sentiment towards these technologies.