iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Strong Trading Volume – Time to Buy?

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw unusually-strong trading volume on Wednesday . Approximately 540,025 shares were traded during mid-day trading, an increase of 270% from the previous session’s volume of 145,981 shares.The stock last traded at $53.33 and had previously closed at $53.19.

iShares Paris-Aligned Climate MSCI USA ETF Trading Up 0.7 %

The company has a market cap of $1.77 billion, a price-to-earnings ratio of 29.73 and a beta of -1.11. The business has a 50-day moving average price of $62.38 and a 200 day moving average price of $64.07.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.111 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. bought a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,474 shares of the company’s stock, valued at approximately $226,000.

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.