iShares U.S. Tech Breakthrough Multisector ETF Price & Performance (TECB)

The iShares US Tech Breakthrough Multisector ETF (TECB) closed at $46.06 on April 17, reflecting ongoing volatility. Trading volume rose to over 86,000 shares amid a 1.35% intraday swing. Technical signals remain bearish, and short-term forecasts suggest further declines, underscoring caution for investors tracking tech innovation sectors.123

TECB currently manages $341 million in assets with 183 holdings, emphasizing exposure to mid-cap technology firms. Key investments include Q2 Holdings, BILL Holdings, and Teradata. The ETF’s strategy tracks US equities benefiting from breakthrough technologies, offering a diversified approach to tech sector innovation.45

After a turbulent period, TECB posted a strong 24.46% total return for 2024, rebounding from a 34% loss in 2022 and a 57% surge in 2023. Despite recent short-term losses, the ETF has delivered a cumulative return of nearly 100% since inception, reflecting the sector’s long-term growth potential.67