iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Stock Price Down 0.3% – Here’s Why

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) shares traded down 0.3% during mid-day trading on Wednesday . The stock traded as low as $29.66 and last traded at $29.70. 291 shares changed hands during trading, a decline of 69% from the average session volume of 949 shares. The stock had previously closed at $29.78.

iShares MSCI Water Management Multisector ETF Trading Down 0.3 %

The stock has a market capitalization of $5.94 million, a PE ratio of 21.65 and a beta of -0.84. The company’s 50-day moving average is $30.30 and its 200 day moving average is $30.97.

iShares MSCI Water Management Multisector ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares MSCI Water Management Multisector ETF

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC purchased a new position in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned approximately 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent quarter.

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.