iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Hits New 12-Month High – Here’s Why

Posted by Emily Schoerning on Dec 2nd, 2024

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $66.45 and last traded at $66.42, with a volume of 198520 shares trading hands. The stock had previously closed at $66.24.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

The stock’s fifty day moving average price is $64.12 and its 200 day moving average price is $61.38. The stock has a market capitalization of $2.15 billion, a P/E ratio of 33.30 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $0.2013 dividend. The ex-dividend date 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 grew its holdings in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Free Report) by 44.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,349 shares of the company’s stock after purchasing an additional 11,871 shares during the quarter. iShares Paris-Aligned Climate MSCI USA ETF makes up about 0.8% of Syntrinsic LLC’s portfolio, making the stock its 14th biggest holding. 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 quarter.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

(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.