iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Reaches New 1-Year High – Time to Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $134.30 and last traded at $134.30, with a volume of 660039 shares traded. The stock had previously closed at $133.63.

iShares ESG Aware MSCI USA ETF Trading Up 0.5 %

The company has a market cap of $14.32 billion, a P/E ratio of 25.85 and a beta of 1.02. The firm’s fifty day moving average price is $131.13 and its 200-day moving average price is $126.22.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.408 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Cerity Partners LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.5% in the 3rd quarter. Cerity Partners LLC now owns 57,479 shares of the company’s stock worth $7,253,000 after buying an additional 1,398 shares in the last quarter. Ridgeline Wealth LLC acquired a new stake in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter worth approximately $3,403,000. Apella Capital LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 0.6% in the third quarter. Apella Capital LLC now owns 118,315 shares of the company’s stock valued at $14,787,000 after acquiring an additional 715 shares during the last quarter. AlTi Global Inc. raised its stake in shares of iShares ESG Aware MSCI USA ETF by 9.0% in the second quarter. AlTi Global Inc. now owns 121,648 shares of the company’s stock valued at $14,515,000 after acquiring an additional 10,014 shares during the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the 2nd quarter worth approximately $1,528,000.

iShares ESG Aware MSCI USA ETF Company Profile

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.