iShares Energy Storage & Materials ETF (NYSEARCA:IBAT) Trading 0.6% Higher – Still a Buy?

Shares of iShares Energy Storage & Materials ETF (NYSEARCA:IBATGet Free Report) shot up 0.6% on Friday . The stock traded as high as $24.03 and last traded at $24.03. 76 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,239 shares. The stock had previously closed at $23.88.

iShares Energy Storage & Materials ETF Stock Up 0.6 %

The stock’s fifty day simple moving average is $24.60 and its 200-day simple moving average is $24.25.

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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