iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Declares Dividend of $0.30

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) declared a dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be given a dividend of 0.2988 per share on Friday, December 19th. This represents a dividend yield of 403.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares Lithium Miners and Producers ETF Trading Down 1.4%

NASDAQ ILIT opened at $14.82 on Tuesday. iShares Lithium Miners and Producers ETF has a 1 year low of $6.46 and a 1 year high of $16.12. The stock’s 50-day moving average price is $14.14 and its two-hundred day moving average price is $11.10. The company has a market cap of $11.86 million, a PE ratio of 1.98 and a beta of 1.21.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Lithium Miners and Producers ETF stock. Ameritas Advisory Services LLC purchased a new position in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,625 shares of the company’s stock, valued at approximately $28,000. Ameritas Advisory Services LLC owned about 0.81% of iShares Lithium Miners and Producers ETF at the end of the most recent quarter.

iShares Lithium Miners and Producers ETF Company Profile

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.