iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sets New 52-Week High – Time to Buy?

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $63.57 and last traded at $63.57, with a volume of 1443 shares. The stock had previously closed at $63.18.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 0.5 %

The stock’s 50 day moving average price is $61.32 and its two-hundred day moving average price is $58.99. The stock has a market cap of $2.03 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 company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.2013 per share. The ex-dividend date was Wednesday, September 25th.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC raised its stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 112.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 accounts for 0.5% of Syntrinsic LLC’s holdings, making the stock its 15th biggest position. Syntrinsic LLC owned about 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 as of its most recent filing with the Securities & Exchange Commission.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

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.