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GB00B4SZ9C93

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1d
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Analysis and statistics

  • Open
    316.4364$
  • Previous Close
    316.4364$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB00B4SZ9C93.EUFUND represents the iShares Electric Vehicles and Driving Technology UCITS ETF, an exchange-traded fund (ETF) that aims to track the investment results of an index composed of companies that could benefit from the increased adoption of electric vehicles and driving technologies. This ETF provides investors with exposure to companies involved in the development, production, and distribution of electric vehicles, batteries, and related technologies, potentially offering a way to participate in the growth of the electric vehicle and autonomous driving sectors. The fund is domiciled in Ireland and traded on various European stock exchanges.
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Factors

Fund Performance: Historical and recent fund performance significantly influences investor demand, thereby impacting the price. Strong performance usually attracts more investment, pushing the price up.

Market Conditions: Overall market sentiment and economic conditions affect the fund's investments, particularly if it's heavily weighted in specific sectors or regions. Positive market trends generally lift the fund's price.

Interest Rates: Changes in interest rates can affect the attractiveness of bond funds and other fixed-income assets held by the fund, influencing investor behavior and the fund's price.

Management Fees: The fund's expense ratio and management fees reduce the net return to investors. Higher fees can make the fund less attractive compared to lower-cost alternatives, affecting its price.

Investor Sentiment: Investor confidence and risk appetite play a crucial role. If investors become risk-averse, they may sell riskier assets like funds, leading to a price decline.

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