Mirae Asset Global Investments Co. Ltd. Trims Stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Mirae Asset Global Investments Co. Ltd. reduced its position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 21.1% in the fourth quarter, Holdings Channel reports. The firm owned 411,000 shares of the company’s stock after selling 109,700 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares ESG Aware MSCI USA ETF were worth $53,167,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Future Financial Wealth Managment LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the third quarter worth $38,000. Howe & Rusling Inc. purchased a new position in iShares ESG Aware MSCI USA ETF in the third quarter worth $47,000. GAMMA Investing LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the third quarter worth $59,000. Synergy Asset Management LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the fourth quarter worth $62,000. Finally, Highline Wealth Partners LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the third quarter worth $81,000.

iShares ESG Aware MSCI USA ETF Stock Up 0.6 %

iShares ESG Aware MSCI USA ETF stock opened at $132.15 on Wednesday. The company has a market capitalization of $14.18 billion, a PE ratio of 25.85 and a beta of 1.02. The firm has a fifty day simple moving average of $131.51 and a two-hundred day simple moving average of $126.83. iShares ESG Aware MSCI USA ETF has a twelve month low of $107.89 and a twelve month high of $134.50.

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 paid a dividend of $0.408 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares ESG Aware MSCI USA ETF 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.