iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Reaches New 52-Week High – Still a Buy?

Posted by Irma Garcia on Dec 2nd, 2024

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $66.45 and last traded at $66.42, with a volume of 198520 shares changing hands. The stock had previously closed at $66.24.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

The company has a market capitalization of $2.15 billion, a PE ratio of 33.30 and a beta of -1.11. The stock’s 50 day simple moving average is $64.12 and its 200-day simple moving average is $61.38.

iShares Paris-Aligned Climate MSCI USA ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.2013 dividend. The ex-dividend date of this dividend 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 raised its position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Free Report) by 112.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 26,478 shares of the company’s stock after purchasing an additional 14,028 shares during the period. iShares Paris-Aligned Climate MSCI USA ETF comprises approximately 0.5% of Syntrinsic LLC’s portfolio, making the stock its 15th biggest holding. Syntrinsic LLC owned 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 at the end of the most recent quarter.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

(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.