iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Reaches New 12-Month High – Still a Buy?

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL)’s share price hit a new 52-week high during trading on Monday. The company traded as high as $87.62 and last traded at $87.8790, with a volume of 23 shares traded. The stock had previously closed at $87.00.

iShares Climate Conscious & Transition MSCI USA ETF Stock Performance

The stock has a market cap of $2.93 billion, a P/E ratio of 25.52 and a beta of 1.00. The business has a 50 day simple moving average of $86.34 and a 200-day simple moving average of $83.02.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a $0.2006 dividend. This is a drop from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.2073. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.9%.

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. USCL was launched on Jun 6, 2023 and is managed by BlackRock.