SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Trading 0.3% Higher – Here’s What Happened

Shares of SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) shot up 0.3% during mid-day trading on Friday . The stock traded as high as $46.22 and last traded at $46.19. 2,134 shares traded hands during trading, a decline of 79% from the average daily volume of 10,289 shares. The stock had previously closed at $46.05.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Up 0.3%

The firm has a 50 day moving average of $45.75 and a 200 day moving average of $43.82. The firm has a market cap of $194.00 million, a PE ratio of 23.74 and a beta of 0.95.

SPDR MSCI ACWI Climate Paris Aligned ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, June 1st were given a dividend of $0.2952 per share. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Investors Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the fourth quarter valued at approximately $28,000. Harbour Investments Inc. purchased a new position in SPDR MSCI ACWI Climate Paris Aligned ETF in the 4th quarter valued at approximately $117,000. Harbor Asset Planning Inc. grew its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 1,456.5% in the 1st quarter. Harbor Asset Planning Inc. now owns 3,004 shares of the company’s stock valued at $122,000 after buying an additional 2,811 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter valued at $129,000. Finally, Osaic Holdings Inc. raised its holdings in SPDR MSCI ACWI Climate Paris Aligned ETF by 20.9% during the 2nd quarter. Osaic Holdings Inc. now owns 3,315 shares of the company’s stock valued at $131,000 after acquiring 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.