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

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares saw strong trading volume on Thursday . 81,875 shares were traded during mid-day trading, a decline of 2% from the previous session’s volume of 83,273 shares.The stock last traded at $61.01 and had previously closed at $62.00.

iShares Paris-Aligned Climate MSCI USA ETF Trading Down 1.6 %

The firm has a market cap of $2.02 billion, a P/E ratio of 29.73 and a beta of 1.05. The company’s 50-day moving average is $64.10 and its two-hundred day moving average is $64.40.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a dividend of $0.111 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Investors 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 position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor 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.