SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) Stock Price Down 2.1% – Should You Sell?

Shares of SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) dropped 2.1% during trading on Tuesday . The stock traded as low as $34.21 and last traded at $33.68. Approximately 8 shares traded hands during trading, a decline of 99% from the average daily volume of 1,000 shares. The stock had previously closed at $34.42.

SPDR MSCI USA Climate Paris Aligned ETF Stock Down 2.3%

The business’s 50-day simple moving average is $35.13 and its two-hundred day simple moving average is $35.20. The firm has a market cap of $2.69 million, a price-to-earnings ratio of 31.50 and a beta of 1.05.

SPDR MSCI USA Climate Paris Aligned ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.0551 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.22 dividend on an annualized basis and a yield of 0.7%.

Institutional Trading of SPDR MSCI USA Climate Paris Aligned ETF

A hedge fund recently raised its stake in SPDR MSCI USA Climate Paris Aligned ETF stock. Aberdeen Group plc increased its stake in shares of SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) by 46.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,327 shares of the company’s stock after purchasing an additional 5,780 shares during the period. Aberdeen Group plc owned 22.91% of SPDR MSCI USA Climate Paris Aligned ETF worth $659,000 as of its most recent filing with the Securities & Exchange Commission.

SPDR MSCI USA Climate Paris Aligned ETF Company Profile

The SPDR MSCI USA Climate Paris Aligned ETF (NZUS) is an exchange-traded fund that is based on the MSCI USA Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap US stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZUS was launched on Apr 21, 2022 and is managed by State Street.