iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Strong Trading Volume – Time to Buy?

Shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw unusually-high trading volume on Wednesday . Approximately 502 shares traded hands during trading, an increase of 15% from the previous session’s volume of 436 shares.The stock last traded at $78.04 and had previously closed at $76.95.

iShares Climate Conscious & Transition MSCI USA ETF Stock Performance

The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 25.52 and a beta of 1.01. The business has a fifty day simple moving average of $79.23 and a 200 day simple moving average of $78.51.

iShares Climate Conscious & Transition MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.2661 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.06 dividend on an annualized basis and a yield of 1.4%. This is an increase from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.22.

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. USCL was launched on Jun 6, 2023 and is managed by BlackRock.