iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sets New 12-Month High – Here’s What Happened

Shares of iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) hit a new 52-week high during trading on Tuesday . The stock traded as high as $48.98 and last traded at $48.8650, with a volume of 465997 shares. The stock had previously closed at $48.70.

iShares ESG Aware MSCI EM ETF Price Performance

The stock has a market capitalization of $6.40 billion, a price-to-earnings ratio of 14.52 and a beta of 0.66. The company’s 50-day simple moving average is $45.64 and its 200-day simple moving average is $43.68.

iShares ESG Aware MSCI EM ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.7318 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 342.0%.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 26.3% in the third quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock valued at $102,658,000 after acquiring an additional 493,011 shares in the last quarter. Acorns Advisers LLC grew its position in shares of iShares ESG Aware MSCI EM ETF by 4.0% during the 2nd quarter. Acorns Advisers LLC now owns 1,239,058 shares of the company’s stock worth $48,534,000 after purchasing an additional 48,167 shares in the last quarter. Flow Traders U.S. LLC raised its position in shares of iShares ESG Aware MSCI EM ETF by 188.5% in the second quarter. Flow Traders U.S. LLC now owns 327,848 shares of the company’s stock valued at $12,842,000 after buying an additional 214,210 shares in the last quarter. Quent Long Short Global Small Cap Fund LP acquired a new stake in shares of iShares ESG Aware MSCI EM ETF in the fourth quarter valued at approximately $5,072,000. Finally, Jones Financial Companies Lllp boosted its stake in shares of iShares ESG Aware MSCI EM ETF by 9.8% in the third quarter. Jones Financial Companies Lllp now owns 95,197 shares of the company’s stock valued at $4,074,000 after buying an additional 8,526 shares during the period.

About iShares ESG Aware MSCI EM ETF

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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.