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UTIP

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1d
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Analysis and statistics

  • Open
    25.7919$
  • Previous Close
    25.7919$
  • 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
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  • Beta
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  • Volume
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About

UTIP.AU represents shares of Universal Technology & Innovation Platform Limited, an Australian company focused on developing and commercializing fintech solutions. They primarily offer a software platform for brokers, traders, and investors, encompassing trading platforms, back-office systems, and CRM solutions. The company aims to facilitate access to global financial markets through its technology.
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Factors

Issuer and Underlying Index: BetaShares' reputation and Solactive Global Uranium & Nuclear Components Total Return Index performance directly influence the ETF's price.

Uranium Price: Uranium spot and futures prices are major drivers as the ETF tracks uranium and nuclear energy companies.

Nuclear Energy Sector Performance: The overall health and outlook of the nuclear energy industry impacts investor sentiment and, consequently, the ETF's value.

Currency Fluctuations: As UTIP.AU invests globally, currency movements between the Australian dollar and other currencies (especially USD) can affect returns.

Interest Rates: Changes in interest rates can impact investor appetite for risk assets like ETFs, influencing demand and price.

Market Sentiment: General market optimism or pessimism regarding energy, resources, and investment trends plays a role.

Supply and Demand: Simple economics dictate that higher demand for the ETF pushes the price up, while increased selling pressure lowers it.

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