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

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw an uptick in trading volume on Friday . 850,683 shares were traded during trading, an increase of 755% from the previous session’s volume of 99,528 shares.The stock last traded at $73.00 and had previously closed at $72.86.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

The company’s 50-day moving average price is $70.22 and its 200-day moving average price is $65.61. The company has a market cap of $2.24 billion, a P/E ratio of 32.18 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.158 per share. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.14. This represents a $0.63 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 16th.

Institutional Investors Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Kingswood Wealth Advisors LLC acquired a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,756 shares of the company’s stock, valued at approximately $285,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

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.