iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sets New 12-Month High – What’s Next?

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $64.37 and last traded at $64.37, with a volume of 600 shares trading hands. The stock had previously closed at $63.96.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11. The firm’s fifty day moving average price is $61.96 and its 200-day moving average price is $59.26.

iShares Paris-Aligned Climate MSCI USA ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.2013 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC boosted its position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 44.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 makes up approximately 0.8% of Syntrinsic LLC’s portfolio, making the stock its 14th biggest position. Syntrinsic LLC owned approximately 0.12% of iShares Paris-Aligned Climate MSCI USA ETF worth $2,432,000 at the end of the most recent reporting period.

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.