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PPA3

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1m

Analysis and statistics

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About

PPA3.XETRA is the ticker symbol for the iShares Global Clean Energy UCITS ETF (Acc). This ETF tracks the S&P Global Clean Energy Index, offering investors exposure to companies involved in clean energy production and related technologies globally. The 'Acc' in the name indicates that the fund accumulates dividends, reinvesting them back into the fund rather than distributing them to investors. It is listed on the XETRA exchange, which is part of the Deutsche Börse.
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Factors

Underlying Asset Performance: PPA3.XETRA tracks an index, so its price heavily depends on the performance of the assets within that index. If those assets increase in value, the ETF's price generally rises and vice versa.

Supply and Demand: Like any traded security, the interplay of buying and selling pressure influences PPA3.XETRA's price. High demand can drive the price up, while increased selling pressure can push it down.

Investor Sentiment: Overall market sentiment and investor confidence in the sectors or assets represented by the index can affect demand for the ETF, thereby influencing its price.

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