iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Strong Trading Volume – Should You Buy?

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw unusually-strong trading volume on Wednesday . Approximately 1,003,836 shares changed hands during trading, an increase of 647% from the previous session’s volume of 134,440 shares.The stock last traded at $62.81 and had previously closed at $63.18.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 0.4 %

The company’s 50-day moving average is $65.45 and its two-hundred day moving average is $64.47. The company has a market capitalization of $1.84 billion, a P/E ratio of 33.23 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.2098 per share. The ex-dividend date was Tuesday, December 17th. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous dividend of $0.20.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. bought a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 3,474 shares of the company’s stock, valued at approximately $226,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

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.