iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Unusually-High Trading Volume

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw an uptick in trading volume on Wednesday . 27,471 shares traded hands during trading, a decline of 64% from the previous session’s volume of 76,727 shares.The stock last traded at $62.33 and had previously closed at $62.48.

iShares Paris-Aligned Climate MSCI USA ETF Stock Down 0.2 %

The company’s 50-day moving average price is $60.61 and its 200-day moving average price is $58.29. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC raised its position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 112.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,478 shares of the company’s stock after acquiring an additional 14,028 shares during the quarter. iShares Paris-Aligned Climate MSCI USA ETF makes up about 0.5% of Syntrinsic LLC’s holdings, making the stock its 15th biggest holding. Syntrinsic LLC owned about 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 at the end of the most recent reporting period.

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.