iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Large Volume Increase Following Dividend Announcement

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) shares saw strong trading volume on Tuesday following a dividend announcement from the company. 90,080 shares were traded during trading, an increase of 172% from the previous session’s volume of 33,115 shares.The stock last traded at $67.01 and had previously closed at $67.96.

The newly announced dividend which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be paid a dividend of $0.1969 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

iShares Climate Conscious & Transition MSCI USA ETF Stock Performance

The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 26.16 and a beta of 1.00. The company’s 50 day simple moving average is $71.26 and its 200 day simple moving average is $70.39.

Institutional Investors Weigh In On iShares Climate Conscious & Transition MSCI USA ETF

A hedge fund recently bought a new stake in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp purchased a new stake in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned 0.51% of iShares Climate Conscious & Transition MSCI USA ETF at the end of the most recent reporting period.

iShares Climate Conscious & Transition MSCI USA ETF Company Profile

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.