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

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares saw an uptick in trading volume on Wednesday . 700,656 shares changed hands during mid-day trading, an increase of 778% from the previous session’s volume of 79,815 shares.The stock last traded at $60.34 and had previously closed at $60.30.

iShares Paris-Aligned Climate MSCI USA ETF Trading Up 0.7 %

The stock has a market cap of $1.77 billion, a P/E ratio of 30.52 and a beta of -1.11. The stock’s 50-day moving average is $65.01 and its 200-day moving average is $64.46.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

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

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

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. purchased a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,474 shares of the company’s stock, valued at approximately $226,000.

About iShares Paris-Aligned Climate MSCI USA ETF

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.