iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Strong Trading Volume – What’s Next?

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw unusually-strong trading volume on Wednesday . Approximately 234,608 shares were traded during trading, an increase of 134% from the previous session’s volume of 100,150 shares.The stock last traded at $69.7710 and had previously closed at $70.30.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

The firm has a market capitalization of $2.24 billion, a PE ratio of 32.18 and a beta of 1.05. The company has a 50-day moving average price of $72.32 and a 200 day moving average price of $71.51.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.249 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. This is an increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16.

Institutional Investors Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,361 shares of the company’s stock, valued at approximately $242,000.

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. PABU was launched on Feb 8, 2022 and is managed by BlackRock.