iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Trading 0.2% Higher – Time to Buy?

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR)’s share price traded 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 traded hands during 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 Stock Down 2.2 %

The firm has a market capitalization of $6.07 million, a P/E ratio of 21.81 and a beta of -0.84. The firm’s 50-day simple moving average is $29.86 and its 200-day simple moving average is $30.83.

iShares MSCI Water Management Multisector ETF Announces Dividend

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

Institutional Investors Weigh In On 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 bought a new position in 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 fund bought 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned 23.46% of iShares MSCI Water Management Multisector ETF as of its most recent SEC filing.

About iShares MSCI Water Management Multisector ETF

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.