SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Shares Up 0.4% – Still a Buy?

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC)’s stock price shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $46.61 and last traded at $46.56. 5,178 shares were traded during mid-day trading, a decline of 56% from the average session volume of 11,712 shares. The stock had previously closed at $46.38.

SPDR MSCI ACWI Climate Paris Aligned ETF Trading Down 3.2%

The company has a market cap of $189.29 million, a P/E ratio of 23.74 and a beta of 0.95. The business’s 50 day simple moving average is $44.33 and its 200 day simple moving average is $43.26.

SPDR MSCI ACWI Climate Paris Aligned ETF Dividend Announcement

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

Institutional Trading of SPDR MSCI ACWI Climate Paris Aligned ETF

Several hedge funds have recently modified their holdings of NZAC. Farther Finance Advisors LLC bought a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the fourth quarter worth approximately $28,000. Harbour Investments Inc. purchased a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter valued at $117,000. Harbor Asset Planning Inc. lifted its position in SPDR MSCI ACWI Climate Paris Aligned ETF by 1,456.5% in the first quarter. Harbor Asset Planning Inc. now owns 3,004 shares of the company’s stock worth $122,000 after buying an additional 2,811 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the fourth quarter worth $129,000. Finally, Osaic Holdings Inc. boosted its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 20.9% during the second quarter. Osaic Holdings Inc. now owns 3,315 shares of the company’s stock worth $131,000 after buying an additional 572 shares during the period.

About SPDR MSCI ACWI Climate Paris Aligned ETF

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.