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

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw strong trading volume on Wednesday . 135,668 shares were traded during mid-day trading, an increase of 11% from the previous session’s volume of 122,443 shares.The stock last traded at $65.17 and had previously closed at $65.80.

iShares Paris-Aligned Climate MSCI USA ETF Trading Down 0.4 %

The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11. The stock’s 50 day moving average is $65.94 and its two-hundred day moving average is $63.83.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.2098 per share. 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. bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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.