iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Trading Up 0.5% – Should You Buy?

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares shot up 0.5% on Wednesday . The company traded as high as $60.76 and last traded at $60.76. 845 shares traded hands during trading, a decline of 99% from the average session volume of 106,387 shares. The stock had previously closed at $60.43.

iShares Paris-Aligned Climate MSCI USA ETF Trading Up 0.5 %

The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 29.78 and a beta of -1.11. The company has a fifty day moving average price of $59.27 and a 200-day moving average price of $63.33.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. acquired a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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.