SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Stock Price Down 0.9% – Time to Sell?

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC)’s stock price traded down 0.9% during trading on Friday . The company traded as low as $43.19 and last traded at $43.28. 8,487 shares were traded during mid-day trading, an increase of 3% from the average session volume of 8,244 shares. The stock had previously closed at $43.69.

SPDR MSCI ACWI Climate Paris Aligned ETF Trading Down 0.9%

The firm has a 50 day moving average of $42.99 and a two-hundred day moving average of $42.14. The stock has a market capitalization of $181.78 million, a PE ratio of 23.74 and a beta of 0.95.

SPDR MSCI ACWI Climate Paris Aligned ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 2nd. Investors of record on Tuesday, November 25th were paid a $0.6493 dividend. The ex-dividend date was Tuesday, November 25th. This represents a dividend yield of 309.0%.

Institutional Investors Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

A number of hedge funds and other institutional investors have recently modified their holdings of NZAC. Farther Finance Advisors LLC acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF in the 4th quarter worth approximately $28,000. Osaic Holdings Inc. raised its holdings in SPDR MSCI ACWI Climate Paris Aligned ETF by 20.9% in the 2nd quarter. Osaic Holdings Inc. now owns 3,315 shares of the company’s stock valued at $131,000 after acquiring an additional 572 shares in the last quarter. Cary Street Partners Financial LLC bought a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF in the third quarter valued at about $201,000. Jane Street Group LLC bought a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the second quarter worth about $274,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the third quarter worth approximately $294,000.

About SPDR MSCI ACWI Climate Paris Aligned ETF

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZAC was launched on Nov 25, 2014 and is managed by State Street.