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IE00B53VBZ63

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Analysis and statistics

  • Open
    15.6$
  • Previous Close
    15.6$
  • 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
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  • Volume
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About

IE00B53VBZ63 is the ISIN (International Securities Identification Number) for the iShares Electric Vehicles and Driving Technology UCITS ETF. This exchange-traded fund (ETF) aims to track the investment results of an index composed of developed and emerging market companies that could benefit from the increased adoption of electric vehicles and driving technology, such as autonomous driving and battery technology. Investors use this fund to gain exposure to the growing electric vehicle and related technology sectors.
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Factors

Market Performance: Overall market trends, especially within the European equity market, significantly impact the fund's price. Positive market sentiment usually drives prices up, while negative sentiment pushes them down. Fund Holdings Performance: The underlying assets held within the fund, particularly specific stocks or securities, directly influence its Net Asset Value (NAV) and therefore, its price. The better these holdings perform, the higher the fund price tends to be. Economic Conditions: Broader economic factors like interest rates, inflation, GDP growth in Europe, and employment figures can sway investor confidence and affect the fund's attractiveness, hence its price. Currency Fluctuations: Given that the fund likely invests in European assets, currency exchange rates, particularly the Euro's value against other currencies, can impact returns and the fund's perceived value. Fund Flows: Investor demand plays a crucial role. If more investors buy (inflow) than sell (outflow), the fund price typically increases, and vice-versa. Management Fees & Expenses: Higher fees and expenses associated with managing the fund can slightly erode its overall returns and potentially impact its relative price compared to similar funds.

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