iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Stock Price Up 0.2% – Still a Buy?

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR)’s share price were up 0.2% on Thursday . The company traded as high as $31.01 and last traded at $30.99. Approximately 26 shares changed hands during trading, a decline of 98% from the average daily volume of 1,652 shares. The stock had previously closed at $30.93.

iShares MSCI Water Management Multisector ETF Price Performance

The stock’s 50-day moving average is $29.86 and its two-hundred day moving average is $30.83. The company has a market cap of $6.20 million, a P/E ratio of 21.81 and a beta of -0.84.

iShares MSCI Water Management Multisector ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.7812 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Water Management Multisector ETF

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

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.