iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sets New 52-Week High – What’s Next?

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL)’s stock price reached a new 52-week high on Monday. The company traded as high as $87.62 and last traded at $87.8790, with a volume of 23 shares changing hands. The stock had previously closed at $87.00.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

The company has a market cap of $2.91 billion, a P/E ratio of 25.52 and a beta of 1.00. The stock has a 50-day moving average of $86.13 and a 200 day moving average of $82.85.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.2006 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 15th. This is a drop from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.2073.

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.