iShares Energy Storage & Materials ETF (NYSEARCA:IBAT) Shares Cross Below 200 Day Moving Average – Here’s Why

iShares Energy Storage & Materials ETF (NYSEARCA:IBATGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.17 and traded as low as $23.58. iShares Energy Storage & Materials ETF shares last traded at $23.63, with a volume of 12,075 shares changing hands.

iShares Energy Storage & Materials ETF Stock Up 0.2 %

The firm’s 50 day moving average is $24.31 and its two-hundred day moving average is $24.16.

iShares Energy Storage & Materials ETF Company Profile

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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.

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