iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sets New 12-Month High – Should You Buy?

Posted by Andrew Walz on Nov 28th, 2024

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get Free Report) reached a new 52-week high during trading 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 Price Performance

The stock has a fifty day simple moving average of $64.00 and a two-hundred day simple moving average of $61.22. The firm has a market capitalization of $2.13 billion, a P/E ratio of 33.30 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.2013 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Investors Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently raised its stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC boosted its position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Free Report) by 112.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,478 shares of the company’s stock after buying an additional 14,028 shares during the period. iShares Paris-Aligned Climate MSCI USA ETF makes up approximately 0.5% of Syntrinsic LLC’s portfolio, making the stock its 15th biggest position. Syntrinsic LLC owned approximately 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 at the end of the most recent reporting period.

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.