iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Strong Trading Volume – Here’s Why

Posted by Cindy Kellogue on Nov 29th, 2024

Shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 221,947 shares traded hands during trading, an increase of 188% from the previous session’s volume of 77,030 shares.The stock last traded at $66.24 and had previously closed at $65.91.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

The stock has a market capitalization of $2.14 billion, a P/E ratio of 33.30 and a beta of -1.11. The stock’s fifty day simple moving average is $64.05 and its two-hundred day simple moving average is $61.25.

iShares Paris-Aligned Climate MSCI USA ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.2013 per share. The ex-dividend date was Wednesday, September 25th.

Institutional Investors Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently raised its stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC boosted its holdings in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Free Report) by 44.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,349 shares of the company’s stock after acquiring an additional 11,871 shares during the quarter. iShares Paris-Aligned Climate MSCI USA ETF accounts for about 0.8% of Syntrinsic LLC’s portfolio, making the stock its 14th largest position. Syntrinsic LLC owned 0.12% of iShares Paris-Aligned Climate MSCI USA ETF worth $2,432,000 at the end of the most recent quarter.

About iShares Paris-Aligned Climate MSCI USA ETF

(Get Free Report)

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.