Issuer's Repute: BlackRock's reputation influences investor confidence, impacting demand and price.

Underlying Asset Value: Performance of stocks within the MSCI World SRI index directly affects the ETF's NAV and market price.

Supply and Demand: Higher demand than supply increases the price, conversely, higher supply than demand decreases it.

Expense Ratio: A high expense ratio can deter investors, reducing demand and potentially impacting the price negatively.

Market Sentiment: General investor optimism or pessimism about the overall market impacts ETF prices.

Currency Fluctuations: Changes in the EUR/USD exchange rate, if the underlying assets are USD denominated, will influence the ETF price.

Index Tracking Error: Deviations between the ETF's performance and the index it tracks can affect investor confidence and price.

Interest Rates: Increased interest rates may make bonds more attractive, which could lead to some reallocation from equities to bonds and affect demand.

Economic Conditions: Economic growth, recession, or inflation influence the performance of the underlying assets and hence the ETF price.

Political Events: Geopolitical instability or major policy changes can increase market volatility, impacting ETF prices.

Competitor ETFs: The performance and attractiveness of similar ETFs can influence the demand and price of PABW.PA.

Liquidity: High trading volume allows for easy buying and selling, supporting price stability. Low liquidity increases volatility.