iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Trading Up 0.2% – Here’s Why

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR)’s share price shot up 0.2% during mid-day trading on Thursday . The stock traded as high as $31.01 and last traded at $30.99. 26 shares were traded during mid-day trading, a decline of 98% from the average session volume of 1,652 shares. The stock had previously closed at $30.93.

iShares MSCI Water Management Multisector ETF Price Performance

The firm’s 50 day moving average price is $29.86 and its 200-day moving average price is $30.83. The stock has a market cap of $6.20 million, a P/E ratio of 21.81 and a beta of -0.84.

iShares MSCI Water Management Multisector ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.7812 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Water Management Multisector ETF

An institutional investor recently bought a new position in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned about 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent reporting period.

iShares MSCI Water Management Multisector ETF Company Profile

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.