iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Trading Down 0.3% – Here’s Why

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) shares dropped 0.3% during trading on Monday . The company traded as low as $86.57 and last traded at $86.63. Approximately 100,056 shares were traded during trading, an increase of 907% from the average daily volume of 9,938 shares. The stock had previously closed at $86.87.

iShares Climate Conscious & Transition MSCI USA ETF Stock Down 0.3%

The company has a market cap of $2.90 billion, a price-to-earnings ratio of 25.52 and a beta of 1.00. The company has a fifty day simple moving average of $84.73 and a two-hundred day simple moving average of $81.35.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.2073 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.83 annualized dividend and a dividend yield of 1.0%.

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.