iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sets New 1-Year High – Time to Buy?

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $67.53 and last traded at $67.51, with a volume of 2328 shares. The stock had previously closed at $66.81.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

The firm has a market cap of $2.18 billion, a P/E ratio of 33.30 and a beta of -1.11. The firm’s fifty day moving average is $64.64 and its 200 day moving average is $61.84.

iShares Paris-Aligned Climate MSCI USA ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.2013 per share. The ex-dividend date was Wednesday, September 25th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC grew its stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 112.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm 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 comprises about 0.5% of Syntrinsic LLC’s portfolio, making the stock its 15th biggest holding. Syntrinsic LLC owned approximately 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 as of its most recent filing with the SEC.

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.