iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Reaches New 1-Year High – Here’s Why

Shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $73.62 and last traded at $73.63, with a volume of 179 shares trading hands. The stock had previously closed at $72.96.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

The firm’s fifty day moving average price is $71.96 and its 200-day moving average price is $69.50. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 25.38 and a beta of 1.00.

iShares Climate Conscious & Transition MSCI USA ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.2798 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is a positive change from iShares Climate Conscious & Transition MSCI USA ETF’s previous dividend of $0.22.

Hedge Funds Weigh In On iShares Climate Conscious & Transition MSCI USA ETF

An institutional investor recently bought a new position in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp purchased a new position in shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned 0.51% of iShares Climate Conscious & Transition MSCI USA ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.