iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Hits New 1-Year High – Here’s Why

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) shares hit a new 52-week high on Thursday . The stock traded as high as $128.67 and last traded at $128.24, with a volume of 3525 shares traded. The stock had previously closed at $127.99.

iShares ESG Aware MSCI USA ETF Stock Performance

The firm has a market cap of $13.64 billion, a PE ratio of 25.85 and a beta of 1.02. The stock has a 50 day simple moving average of $123.83 and a two-hundred day simple moving average of $119.07.

iShares ESG Aware MSCI USA ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.4387 per share. The ex-dividend date was Wednesday, September 25th.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ESGU. Bangor Savings Bank increased its holdings in iShares ESG Aware MSCI USA ETF by 3.8% in the first quarter. Bangor Savings Bank now owns 23,408 shares of the company’s stock valued at $2,691,000 after buying an additional 863 shares in the last quarter. Single Point Partners LLC boosted its position in iShares ESG Aware MSCI USA ETF by 4.9% during the first quarter. Single Point Partners LLC now owns 2,248 shares of the company’s stock worth $258,000 after purchasing an additional 104 shares in the last quarter. Traynor Capital Management Inc. acquired a new stake in iShares ESG Aware MSCI USA ETF in the first quarter valued at approximately $826,000. Global Assets Advisory LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the 1st quarter worth approximately $3,550,000. Finally, Harbor Investment Advisory LLC lifted its position in shares of iShares ESG Aware MSCI USA ETF by 33.2% during the 1st quarter. Harbor Investment Advisory LLC now owns 417 shares of the company’s stock valued at $48,000 after buying an additional 104 shares in the last quarter.

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.