iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Strong Trading Volume – Here’s Why

Posted by Darlene League on Nov 29th, 2024

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 221,947 shares were traded during trading, an increase of 188% from the previous session’s volume of 77,030 shares.The stock last traded at $66.24 and had previously closed at $65.91.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

The firm’s fifty day moving average is $64.05 and its 200 day moving average is $61.25. The firm has a market cap of $2.14 billion, a P/E ratio of 33.30 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $0.2013 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC increased its stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Free Report) by 112.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,478 shares of the company’s stock after purchasing an additional 14,028 shares during the quarter. iShares Paris-Aligned Climate MSCI USA ETF makes up about 0.5% of Syntrinsic LLC’s portfolio, making the stock its 15th largest holding. Syntrinsic LLC owned about 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About iShares Paris-Aligned Climate MSCI USA ETF

(Get Free Report)

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.