iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Trading 0.2% Higher – Time to Buy?

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR)’s share price were up 0.2% during mid-day trading on Thursday . The company traded as high as $31.01 and last traded at $30.99. Approximately 26 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 1,652 shares. The stock had previously closed at $30.93.

iShares MSCI Water Management Multisector ETF Trading Down 2.2 %

The company has a market cap of $6.07 million, a P/E ratio of 21.81 and a beta of -0.84. The stock’s 50 day moving average is $29.86 and its 200-day moving average is $30.83.

iShares MSCI Water Management Multisector ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.7812 dividend. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Water Management Multisector ETF

An institutional investor recently bought a new position in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned 23.46% of iShares MSCI Water Management Multisector ETF as of its most recent filing with the Securities and Exchange Commission.

iShares MSCI Water Management Multisector ETF Company Profile

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.