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

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares saw strong trading volume on Wednesday . 110,213 shares were traded during mid-day trading, a decline of 28% from the previous session’s volume of 152,601 shares.The stock last traded at $66.69 and had previously closed at $65.66.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 0.4 %

The company has a 50-day moving average of $65.81 and a 200 day moving average of $63.31. The stock has a market capitalization of $1.92 billion, a PE ratio of 33.30 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

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

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC grew its position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 44.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,349 shares of the company’s stock after buying an additional 11,871 shares during the period. iShares Paris-Aligned Climate MSCI USA ETF accounts for approximately 0.8% of Syntrinsic LLC’s investment portfolio, making the stock its 14th largest position. Syntrinsic LLC owned 0.12% of iShares Paris-Aligned Climate MSCI USA ETF worth $2,432,000 at the end of the most recent quarter.

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.