iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Shares Down 0.7% – Should You Sell?

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR)’s stock price fell 0.7% during mid-day trading on Tuesday . The stock traded as low as $29.36 and last traded at $29.36. 245 shares were traded during trading, an increase of 32% from the average session volume of 186 shares. The stock had previously closed at $29.56.

iShares MSCI Water Management Multisector ETF Stock Down 0.4 %

The stock’s 50-day moving average price is $30.85 and its 200 day moving average price is $31.10. The firm has a market cap of $5.85 million, a price-to-earnings ratio of 21.65 and a beta of -0.84.

iShares MSCI Water Management Multisector ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.7812 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Water Management Multisector ETF

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned approximately 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent reporting period.

iShares MSCI Water Management Multisector ETF Company Profile

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.