iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw unusually-high trading volume on Thursday . Approximately 4,092,788 shares were traded during trading, an increase of 370% from the previous session’s volume of 871,261 shares.The stock last traded at $130.43 and had previously closed at $130.55.

iShares ESG Aware MSCI USA ETF Price Performance

The business’s fifty day moving average price is $131.07 and its 200-day moving average price is $125.94. The stock has a market capitalization of $13.49 billion, a PE ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.408 dividend. The ex-dividend date was Tuesday, December 17th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Brooklyn FI LLC boosted its stake in iShares ESG Aware MSCI USA ETF by 0.8% during the third quarter. Brooklyn FI LLC now owns 10,395 shares of the company’s stock valued at $1,312,000 after buying an additional 87 shares during the period. Swmg LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 5.8% in the 3rd quarter. Swmg LLC now owns 1,774 shares of the company’s stock valued at $233,000 after acquiring an additional 98 shares in the last quarter. Clearview Wealth Advisors LLC boosted its position in shares of iShares ESG Aware MSCI USA ETF by 1.0% during the 3rd quarter. Clearview Wealth Advisors LLC now owns 11,990 shares of the company’s stock valued at $1,513,000 after acquiring an additional 120 shares during the last quarter. MONECO Advisors LLC grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 6.1% during the third quarter. MONECO Advisors LLC now owns 2,321 shares of the company’s stock worth $293,000 after purchasing an additional 134 shares in the last quarter. Finally, Savvy Advisors Inc. increased its position in shares of iShares ESG Aware MSCI USA ETF by 2.0% in the third quarter. Savvy Advisors Inc. now owns 6,798 shares of the company’s stock worth $858,000 after purchasing an additional 136 shares during the last quarter.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.