iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Stock Price Down 0.7% – What’s Next?

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR)’s share price traded down 0.7% on Tuesday . The company traded as low as $29.36 and last traded at $29.36. Approximately 245 shares traded hands during mid-day trading, an increase of 32% from the average session volume of 186 shares. The stock had previously closed at $29.56.

iShares MSCI Water Management Multisector ETF Trading Down 0.4 %

The company’s fifty day moving average is $30.85 and its 200-day moving average is $31.10. The firm has a market capitalization of $5.85 million, a P/E ratio of 21.65 and a beta of -0.84.

iShares MSCI Water Management Multisector ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.7812 per share. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Water Management Multisector ETF

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC acquired a new position in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned about 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent quarter.

About iShares MSCI Water Management Multisector ETF

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.