iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Hits New 12-Month High at $63.39

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $63.39 and last traded at $63.17, with a volume of 1069 shares trading hands. The stock had previously closed at $62.26.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

The firm’s 50-day moving average price is $60.69 and its 200 day moving average price is $58.40. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11.

Institutional Investors Weigh In On 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 grew its stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 112.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,478 shares of the company’s stock after acquiring an additional 14,028 shares during the quarter. iShares Paris-Aligned Climate MSCI USA ETF accounts for 0.5% of Syntrinsic LLC’s holdings, making the stock its 15th biggest position. Syntrinsic LLC owned 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

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.