iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Shares Down 0.8% – What’s Next?

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) were down 0.8% on Tuesday . The company traded as low as $68.84 and last traded at $68.85. Approximately 1,294 shares traded hands during trading, a decline of 99% from the average daily volume of 108,104 shares. The stock had previously closed at $69.42.

iShares Paris-Aligned Climate MSCI USA ETF Stock Down 0.8%

The stock has a fifty day moving average of $67.32 and a two-hundred day moving average of $63.72. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 32.18 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were issued a dividend of $0.1401 per share. This is a boost from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.11. This represents a $0.56 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, June 16th.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Hollencrest Capital Management bought a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 972 shares of the company’s stock, valued at approximately $65,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.