iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Large Volume Increase – Here’s Why

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares saw unusually-high trading volume on Wednesday . Approximately 153,325 shares were traded during mid-day trading, an increase of 92% from the previous session’s volume of 79,786 shares.The stock last traded at $73.21 and had previously closed at $73.48.

iShares Paris-Aligned Climate MSCI USA ETF Trading Up 0.6%

The business has a fifty day simple moving average of $69.29 and a two-hundred day simple moving average of $71.19. The company has a market cap of $2.34 billion, a PE ratio of 32.18 and a beta of 1.04.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.1402 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 17th.

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. JPMorgan Chase & Co. bought a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 3,361 shares of the company’s stock, valued at approximately $242,000.

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. PABU was launched on Feb 8, 2022 and is managed by BlackRock.