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HTEK11

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1d
1w
1m

Analysis and statistics

  • Open
    51.4299$
  • Previous Close
    50.9092$
  • 52 Week Change
    --
  • Day Range
    0.52$
  • 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

HTEK11.SA is the ticker symbol for an Exchange Traded Fund (ETF) listed on the B3 stock exchange in Brazil. It tracks the Teva Ações Tecnologia Index (Teva Tech Index), which is comprised of publicly traded companies operating in the technology sector in Brazil. The ETF aims to replicate the performance of this index, providing investors exposure to Brazilian technology companies through a single investment vehicle.
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Factors

Underlying Index Performance: The primary driver of HTEK11.SA's price is the performance of the technology companies included in the index it tracks. Positive performance of these companies generally leads to price increases.

Market Sentiment: Overall investor sentiment towards the technology sector and the Brazilian stock market can significantly influence HTEK11.SA's price, regardless of individual company performance.

Currency Exchange Rates: Fluctuations in the exchange rate between the Brazilian Real (BRL) and other currencies (especially USD) can impact the ETF's value, especially if underlying holdings generate revenue in other currencies.

Supply and Demand: Like any security, HTEK11.SA's price is affected by the forces of supply and demand. Higher demand than supply drives the price up, while greater supply leads to price decreases.

Expense Ratio and Tracking Error: While not directly affecting the price movement of the underlying index, a high expense ratio and significant tracking error can diminish the returns earned by investors, making the ETF less attractive.

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