iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Stock Price Up 0.6% – What’s Next?

Shares of iShares Energy Storage & Materials ETF (NASDAQ:IBAT) rose 0.6% on Thursday . The company traded as high as $34.77 and last traded at $34.72. Approximately 7,974 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 32,590 shares. The stock had previously closed at $34.52.

iShares Energy Storage & Materials ETF Stock Up 0.6%

The business has a fifty day moving average of $31.31 and a 200 day moving average of $29.37. The company has a market cap of $30.55 million, a P/E ratio of 18.48 and a beta of 0.99.

iShares Energy Storage & Materials ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.1208 per share. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Trading of iShares Energy Storage & Materials ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC bought a new stake in iShares Energy Storage & Materials ETF during the 2nd quarter valued at approximately $252,000. Citadel Advisors LLC bought a new stake in shares of iShares Energy Storage & Materials ETF during the third quarter valued at approximately $644,000. Midwest Financial Partners Investments Inc. purchased a new stake in iShares Energy Storage & Materials ETF in the fourth quarter worth $1,519,000. Finally, Guardian Capital LP bought a new position in iShares Energy Storage & Materials ETF in the third quarter worth $1,663,000.

About iShares Energy Storage & Materials ETF

The iShares Energy Storage & Materials ETF (IBAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a price-weighted index of companies involved in energy storage solutions around the globe. The fund seeks to provide long-term growth opportunities from companies involved in the transition to a low-carbon economy. IBAT was launched on Mar 19, 2024 and is issued by BlackRock.