Midwest Financial Partners Investments Inc. acquired a new position in iShares Energy Storage & Materials ETF (NASDAQ:IBAT – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 52,977 shares of the company’s stock, valued at approximately $1,519,000. iShares Energy Storage & Materials ETF accounts for about 0.8% of Midwest Financial Partners Investments Inc.’s portfolio, making the stock its 27th largest holding. Midwest Financial Partners Investments Inc. owned about 0.06% of iShares Energy Storage & Materials ETF at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of IBAT. Guardian Capital LP bought a new position in iShares Energy Storage & Materials ETF in the 3rd quarter worth approximately $1,663,000. Citadel Advisors LLC bought a new position in iShares Energy Storage & Materials ETF in the 3rd quarter worth approximately $644,000. Finally, Flow Traders U.S. LLC bought a new position in iShares Energy Storage & Materials ETF in the 2nd quarter worth approximately $252,000.
iShares Energy Storage & Materials ETF Price Performance
IBAT stock opened at $44.29 on Friday. The company has a 50 day moving average price of $38.52 and a 200 day moving average price of $33.99. iShares Energy Storage & Materials ETF has a fifty-two week low of $20.58 and a fifty-two week high of $45.57. The stock has a market capitalization of $67.32 million, a PE ratio of 18.48 and a beta of 1.43.
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.
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