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

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $132.42 and last traded at $132.33, with a volume of 2010 shares traded. The stock had previously closed at $131.23.

iShares ESG Aware MSCI USA ETF Stock Performance

The company’s fifty day simple moving average is $127.71 and its two-hundred day simple moving average is $122.39. The company has a market capitalization of $14.07 billion, a price-to-earnings ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.4387 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. TIAA Trust National Association raised its position in shares of iShares ESG Aware MSCI USA ETF by 15.4% during the 2nd quarter. TIAA Trust National Association now owns 5,291,135 shares of the company’s stock valued at $633,274,000 after acquiring an additional 707,159 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the third quarter valued at $23,495,000. Nisa Investment Advisors LLC acquired a new stake in shares of iShares ESG Aware MSCI USA ETF during the second quarter worth $21,704,000. Financial Advocates Investment Management lifted its position in shares of iShares ESG Aware MSCI USA ETF by 1,428.2% in the 3rd quarter. Financial Advocates Investment Management now owns 125,313 shares of the company’s stock worth $15,812,000 after buying an additional 117,113 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of iShares ESG Aware MSCI USA ETF by 22.1% in the 1st quarter. Cetera Investment Advisers now owns 476,189 shares of the company’s stock worth $54,743,000 after buying an additional 86,339 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.