iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sets New 1-Year High – Here’s What Happened

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares reached a new 52-week high during trading on Thursday . The company traded as high as $72.26 and last traded at $72.26, with a volume of 188628 shares changing hands. The stock had previously closed at $71.87.

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

The firm has a market cap of $2.36 billion, a PE ratio of 32.18 and a beta of -1.11. The business has a fifty day moving average price of $69.66 and a 200 day moving average price of $65.04.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a $0.158 dividend. This represents a $0.63 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 16th. This is an increase 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. Hollencrest Capital Management purchased a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 972 shares of the company’s stock, valued at approximately $65,000.

About iShares Paris-Aligned Climate MSCI USA ETF

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.