iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Stock Price Down 0.2% – Here’s Why

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) shares dropped 0.2% during mid-day trading on Wednesday . The company traded as low as $71.26 and last traded at $71.28. Approximately 937 shares were traded during trading, a decline of 97% from the average daily volume of 33,229 shares. The stock had previously closed at $71.44.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

The stock has a market cap of $2.30 billion, a P/E ratio of 24.62 and a beta of 1.03. The firm’s 50-day moving average price is $68.26 and its 200-day moving average price is $69.71.

iShares Climate Conscious & Transition MSCI USA ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 16th will be given a dividend of $0.1921 per share. This is a positive change from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.16. The ex-dividend date is Monday, June 16th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.08%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned about 0.51% of iShares Climate Conscious & Transition MSCI USA ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.