Underlying Asset Performance: ITEK.PA's price mirrors the performance of the underlying technology companies it tracks. Positive performance of these companies typically leads to a higher ETF price.

Supply and Demand: High demand for ITEK.PA relative to available shares will drive the price up, while increased selling pressure can cause the price to fall.

Market Sentiment: General investor confidence or pessimism towards the technology sector can impact ITEK.PA's price, regardless of specific company performance.

Expense Ratio: While not a direct driver of daily price fluctuations, a higher expense ratio can reduce overall returns and potentially affect investor demand, indirectly impacting price.

Index Rebalancing: Changes in the underlying index composition can lead to adjustments in ITEK.PA's holdings, potentially affecting the ETF's price as it buys or sells securities.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and economic growth can influence the technology sector and, consequently, ITEK.PA's price.