iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Hits New 12-Month High – Still a Buy?

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) shares reached a new 52-week high on Thursday . The stock traded as high as $73.62 and last traded at $73.63, with a volume of 179 shares trading hands. The stock had previously closed at $72.96.

iShares Climate Conscious & Transition MSCI USA ETF Stock Performance

The company has a market capitalization of $2.39 billion, a P/E ratio of 25.38 and a beta of 1.00. The business’s fifty day simple moving average is $71.95 and its 200-day simple moving average is $69.47.

iShares Climate Conscious & Transition MSCI USA ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.2798 dividend. This is a boost from iShares Climate Conscious & Transition MSCI USA ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Climate Conscious & Transition MSCI USA ETF

A hedge fund recently bought a new stake in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned approximately 0.51% of iShares Climate Conscious & Transition MSCI USA ETF at the end of the most recent reporting period.

iShares Climate Conscious & Transition MSCI USA ETF Company Profile

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.