iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Stock Falls 0.7% – Here’s Why

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT – Get Free Report)’s stock price traded down 0.7% on Monday. The stock traded as low as $10.77 and last traded at $10.79. 5,399 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 29,003 shares. The stock had previously closed at $10.87.

iShares Lithium Miners and Producers ETF Stock Performance

The stock has a market capitalization of $10.61 million, a PE ratio of 1.98 and a beta of 1.55. The stock has a 50-day moving average price of $13.76 and a two-hundred day moving average price of $16.58.

About iShares Lithium Miners and Producers ETF

(Get Free Report)

The iShares Lithium Miners and Producers ETF (ILIT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is passively managed, providing exposure to the lithium industry by investing in stocks of lithium miners and compound manufacturers from all around the world. ILIT was launched on Jun 21, 2023 and is managed by BlackRock.

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