iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Large Volume Increase – Should You Buy?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw unusually-high trading volume on Thursday . Approximately 1,005,780 shares traded hands during trading, an increase of 43% from the previous session’s volume of 702,126 shares.The stock last traded at $35.63 and had previously closed at $35.42.

iShares ESG Aware MSCI EM ETF Stock Performance

The company has a market cap of $4.47 billion, a PE ratio of 14.98 and a beta of 0.75. The stock’s 50 day moving average price is $35.13 and its 200-day moving average price is $35.02.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Bear Mountain Capital Inc. increased its stake in iShares ESG Aware MSCI EM ETF by 0.7% in the 4th quarter. Bear Mountain Capital Inc. now owns 49,316 shares of the company’s stock worth $1,687,000 after purchasing an additional 358 shares during the period. Whittier Trust Co. of Nevada Inc. grew its holdings in iShares ESG Aware MSCI EM ETF by 51.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,148 shares of the company’s stock worth $38,000 after acquiring an additional 390 shares during the last quarter. Coppell Advisory Solutions LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 42.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,388 shares of the company’s stock valued at $47,000 after acquiring an additional 414 shares during the last quarter. BOKF NA boosted its holdings in shares of iShares ESG Aware MSCI EM ETF by 1.0% during the fourth quarter. BOKF NA now owns 57,919 shares of the company’s stock worth $1,906,000 after purchasing an additional 585 shares during the period. Finally, Trust Co. of Vermont grew its stake in shares of iShares ESG Aware MSCI EM ETF by 61.8% in the fourth quarter. Trust Co. of Vermont now owns 1,560 shares of the company’s stock worth $52,000 after purchasing an additional 596 shares during the last quarter.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.