iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Large Volume Increase – Time to Buy?

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw strong trading volume on Wednesday . 1,574 shares traded hands during mid-day trading, an increase of 151% from the previous session’s volume of 626 shares.The stock last traded at $78.6190 and had previously closed at $79.67.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 25.52 and a beta of 1.01. The business has a fifty day moving average of $79.75 and a 200 day moving average of $78.23.

iShares Climate Conscious & Transition MSCI USA ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $0.2661 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This is an increase from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.22. This represents a $1.06 dividend on an annualized basis and a yield of 1.4%.

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.