iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Reaches New 1-Year High – What’s Next?

Shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) reached a new 52-week high on Tuesday . The company traded as high as $79.05 and last traded at $78.95, with a volume of 547 shares changing hands. The stock had previously closed at $78.42.

iShares Climate Conscious & Transition MSCI USA ETF Stock Up 0.7%

The company has a 50-day moving average of $76.59 and a 200-day moving average of $72.03. The company has a market cap of $2.65 billion, a PE ratio of 25.52 and a beta of 1.03.

iShares Climate Conscious & Transition MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.2196 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.88 dividend on an annualized basis and a yield of 1.1%. This is a positive change from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.19.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp boosted its holdings in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 171,629 shares of the company’s stock after purchasing an additional 5,833 shares during the period. Atlantic Union Bankshares Corp owned about 0.53% of iShares Climate Conscious & Transition MSCI USA ETF worth $11,533,000 as of its most recent SEC filing.

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.