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

Shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw unusually-strong trading volume on Monday following a dividend announcement from the company. Approximately 75,434 shares were traded during mid-day trading, an increase of 613% from the previous session’s volume of 10,583 shares.The stock last traded at $84.07 and had previously closed at $82.86.

The newly announced dividend which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be issued a dividend of $0.2073 per share. The ex-dividend date is Monday, June 15th. This represents a $0.83 annualized dividend and a yield of 1.0%.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

The company has a fifty day moving average of $81.65 and a 200-day moving average of $79.46. The firm has a market cap of $2.51 billion, a P/E ratio of 25.52 and a beta of 1.00.

About iShares Climate Conscious & Transition MSCI USA ETF

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.