iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw strong trading volume on Wednesday . 101,104 shares were traded during trading, an increase of 1% from the previous session’s volume of 100,533 shares.The stock last traded at $64.88 and had previously closed at $64.88.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

The firm has a market capitalization of $1.91 billion, a P/E ratio of 33.23 and a beta of -1.11. The firm’s fifty day moving average price is $65.66 and its 200-day moving average price is $64.34.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.2098 dividend. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. bought a new stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,474 shares of the company’s stock, valued at approximately $226,000.

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.