iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Hits New 1-Year High at $62.17

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $62.17 and last traded at $62.08, with a volume of 285954 shares traded. The stock had previously closed at $61.48.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

The company’s fifty day moving average is $60.30 and its two-hundred day moving average is $57.79. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a $0.1078 dividend. This represents a $0.43 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Tuesday, June 11th.

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) by 112.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 accounts for about 0.5% of Syntrinsic LLC’s investment portfolio, making the stock its 15th largest holding. Syntrinsic LLC owned approximately 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 at the end of the most recent reporting period.

About iShares Paris-Aligned Climate MSCI USA ETF

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.