iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Hits New 52-Week High – Still a Buy?

Posted by Stacy Sanders on Nov 26th, 2024

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $66.11 and last traded at $66.10, with a volume of 1832 shares. The stock had previously closed at $65.70.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 0.6 %

The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11. The stock has a fifty day moving average price of $63.85 and a two-hundred day moving average price of $61.11.

iShares Paris-Aligned Climate MSCI USA ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $0.2013 dividend. The ex-dividend date of this dividend 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 boosted its stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Free Report) by 44.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,349 shares of the company’s stock after purchasing an additional 11,871 shares during the period. iShares Paris-Aligned Climate MSCI USA ETF makes up about 0.8% of Syntrinsic LLC’s investment portfolio, making the stock its 14th biggest holding. Syntrinsic LLC owned approximately 0.12% of iShares Paris-Aligned Climate MSCI USA ETF worth $2,432,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares Paris-Aligned Climate MSCI USA ETF

(Get Free Report)

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.