iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw unusually-strong trading volume on Thursday . Approximately 81,875 shares traded hands during trading, a decline of 2% from the previous session’s volume of 83,273 shares.The stock last traded at $61.01 and had previously closed at $62.00.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

The firm has a fifty day moving average price of $63.90 and a 200 day moving average price of $64.37. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 29.73 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $0.111 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. purchased a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 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.