iShares Future Cloud 5G and Tech ETF (NYSEARCA:IDAT – Get Free Report) were up 0.4% on Wednesday . The company traded as high as $28.35 and last traded at $27.98. Approximately 2,433 shares were traded during mid-day trading, an increase of 73% from the average daily volume of 1,403 shares. The stock had previously closed at $27.88.
iShares Future Cloud 5G and Tech ETF Stock Performance
The business has a 50 day moving average price of $28.94 and a two-hundred day moving average price of $26.87. The stock has a market cap of $6.71 million, a PE ratio of 20.13 and a beta of 1.37.
About iShares Future Cloud 5G and Tech ETF
The iShares Cloud 5G and Tech ETF (IDAT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of global technology companies that focus on two primary themes: cloud computing and 5G. Holdings are weighted by market-cap within each theme. IDAT was launched on Jun 8, 2021 and is managed by BlackRock.
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