iShares Lithium Miners and Producers ETF (NASDAQ:ILIT – Get Free Report) dropped 2.6% during mid-day trading on Tuesday. The company traded as low as $10.23 and last traded at $10.2950. 3,805 shares were traded during trading, a decline of 86% from the average session volume of 27,697 shares. The stock had previously closed at $10.57.
iShares Lithium Miners and Producers ETF Stock Performance
The stock has a market cap of $10.06 million, a price-to-earnings ratio of 15.85 and a beta of 1.62. The company has a 50-day moving average of $12.17 and a 200-day moving average of $16.15.
About iShares Lithium Miners and Producers ETF
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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