Ipsen Advisor Group LLC Reduces Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Ipsen Advisor Group LLC reduced its position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 3.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,034 shares of the company’s stock after selling 494 shares during the quarter. iShares ESG Aware MSCI USA ETF accounts for approximately 1.5% of Ipsen Advisor Group LLC’s holdings, making the stock its 16th biggest holding. Ipsen Advisor Group LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $1,711,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ESGU. Brighton Jones LLC purchased a new stake in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter worth approximately $419,000. Strategic Financial Concepts LLC bought a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at $302,000. Ferguson Wellman Capital Management Inc. increased its stake in iShares ESG Aware MSCI USA ETF by 2.5% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 49,409 shares of the company’s stock worth $6,365,000 after purchasing an additional 1,221 shares during the period. Elevation Wealth Partners LLC lifted its position in shares of iShares ESG Aware MSCI USA ETF by 34.2% during the fourth quarter. Elevation Wealth Partners LLC now owns 41,247 shares of the company’s stock worth $5,313,000 after purchasing an additional 10,502 shares during the last quarter. Finally, Essex Financial Services Inc. boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 9.3% during the fourth quarter. Essex Financial Services Inc. now owns 2,605 shares of the company’s stock valued at $336,000 after purchasing an additional 221 shares during the period.

iShares ESG Aware MSCI USA ETF Trading Up 0.0%

NASDAQ ESGU opened at $131.24 on Tuesday. The stock has a market cap of $13.61 billion, a PE ratio of 25.57 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 12 month low of $105.18 and a 12 month high of $134.50. The company’s 50-day moving average price is $122.28 and its 200-day moving average price is $127.09.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $0.3282 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.