iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Stock Price Down 0.7% – Here’s What Happened

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

iShares MSCI Water Management Multisector ETF Stock Down 0.7 %

The company has a market cap of $5.87 million, a PE ratio of 21.65 and a beta of -0.84. The business’s fifty day moving average is $30.94 and its 200-day moving average is $31.12.

iShares MSCI Water Management Multisector ETF Dividend Announcement

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

Hedge Funds Weigh In On iShares MSCI Water Management Multisector ETF

An institutional investor recently bought a new position in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC bought a new position in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 as of its most recent filing with the Securities & Exchange Commission.

About iShares MSCI Water Management Multisector ETF

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.