Midwest Financial Partners Investments Inc. Invests $1.52 Million in iShares Energy Storage & Materials ETF $IBAT

Midwest Financial Partners Investments Inc. acquired a new position in shares of iShares Energy Storage & Materials ETF (NASDAQ:IBAT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 approximately 6.02% of iShares Energy Storage & Materials ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Flow Traders U.S. LLC acquired a new stake in iShares Energy Storage & Materials ETF in the 2nd quarter valued at $252,000. Citadel Advisors LLC bought a new stake in iShares Energy Storage & Materials ETF in the third quarter valued at $644,000. Finally, Guardian Capital LP bought a new stake in iShares Energy Storage & Materials ETF in the third quarter valued at $1,663,000.

iShares Energy Storage & Materials ETF Price Performance

Shares of NASDAQ:IBAT opened at $44.29 on Friday. The business’s fifty day moving average price is $38.52 and its two-hundred day moving average price is $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 price-to-earnings 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.