iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Stock Price Down 0.9% – Here’s What Happened

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUGet Free Report)’s share price were down 0.9% during mid-day trading on Monday . The company traded as low as $78.24 and last traded at $78.24. 384 shares were traded during trading, a decline of 99% from the average daily volume of 50,100 shares. The stock had previously closed at $78.95.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

The stock has a 50 day moving average of $76.31 and a two-hundred day moving average of $73.29. The stock has a market cap of $2.51 billion, a PE ratio of 32.18 and a beta of 1.06.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.1606 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.64 dividend on an annualized basis and a yield of 0.8%. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.14.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. acquired a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUFree Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

(Get Free Report)

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.

Further Reading

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