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

Shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw unusually-strong 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 Stock Down 0.4%

The company has a 50 day simple moving average of $76.61 and a two-hundred day simple moving average of $78.37. The company has a market capitalization of $2.45 billion, a P/E ratio of 25.52 and a beta of 1.01.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

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

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.