iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Unusually-High Trading Volume – Still a Buy?

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw unusually-high trading volume on Thursday . Approximately 6,208 shares were traded during trading, an increase of 2,019% from the previous session’s volume of 293 shares.The stock last traded at $80.63 and had previously closed at $80.22.

iShares Climate Conscious & Transition MSCI USA ETF Trading Down 0.4%

The firm has a market cap of $2.45 billion, a PE ratio of 25.52 and a beta of 1.01. The company has a 50-day simple moving average of $76.61 and a 200 day simple moving average of $78.37.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.2313 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.93 dividend on an annualized basis and a yield of 1.1%.

iShares Climate Conscious & Transition MSCI USA ETF Company Profile

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.