SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Shares Up 0.4% – Here’s Why

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC)’s share price was up 0.4% during trading on Friday . The stock traded as high as $45.75 and last traded at $45.72. Approximately 3,753 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 9,589 shares. The stock had previously closed at $45.54.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Performance

The company has a market capitalization of $192.02 million, a price-to-earnings ratio of 23.74 and a beta of 0.95. The business’s 50 day moving average is $45.69 and its 200 day moving average is $44.05.

SPDR MSCI ACWI Climate Paris Aligned ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were issued a $0.2952 dividend. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Investors Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

A number of large investors have recently made changes to their positions in the stock. Susquehanna International Group LLP acquired a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter valued at $2,195,000. Larch Capital Partners LLC acquired a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter worth about $1,007,000. Jones Financial Companies Lllp lifted its position in SPDR MSCI ACWI Climate Paris Aligned ETF by 201.4% during the 1st quarter. Jones Financial Companies Lllp now owns 13,212 shares of the company’s stock worth $467,000 after acquiring an additional 8,828 shares during the period. LPL Financial LLC grew its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 54,989 shares of the company’s stock valued at $2,358,000 after purchasing an additional 8,204 shares during the last quarter. Finally, Mariner LLC purchased a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter valued at about $347,000.

SPDR MSCI ACWI Climate Paris Aligned ETF Company Profile

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZAC was launched on Nov 25, 2014 and is managed by State Street.