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

iShares Energy Storage & Materials ETF (NYSEARCA:IBATGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

iShares Energy Storage & Materials ETF Trading Up 0.1 %

The stock has a fifty day moving average of $24.35 and a 200 day moving average of $24.17.

About iShares Energy Storage & Materials ETF

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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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