iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sets New 1-Year High – Should You Buy?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) shares hit a new 52-week high during trading on Friday . The company traded as high as $49.94 and last traded at $50.0070, with a volume of 284574 shares trading hands. The stock had previously closed at $49.20.

iShares ESG Aware MSCI EM ETF Stock Up 1.9%

The company has a market cap of $6.57 billion, a P/E ratio of 14.52 and a beta of 0.66. The business has a 50-day moving average price of $46.42 and a two-hundred day moving average price of $44.15.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.7318 per share. This represents a yield of 342.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Institutional investors have recently modified their holdings of the business. Vermillion & White Wealth Management Group LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 21.7% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock worth $57,000 after buying an additional 230 shares during the last quarter. Bear Mountain Capital Inc. grew its holdings in iShares ESG Aware MSCI EM ETF by 0.5% during the 4th quarter. Bear Mountain Capital Inc. now owns 45,930 shares of the company’s stock worth $2,153,000 after acquiring an additional 250 shares during the period. Continuum Advisory LLC raised its position in shares of iShares ESG Aware MSCI EM ETF by 4.5% during the 4th quarter. Continuum Advisory LLC now owns 6,859 shares of the company’s stock valued at $303,000 after acquiring an additional 298 shares during the last quarter. Portland Global Advisors LLC lifted its stake in shares of iShares ESG Aware MSCI EM ETF by 2.8% in the 2nd quarter. Portland Global Advisors LLC now owns 13,275 shares of the company’s stock valued at $520,000 after purchasing an additional 365 shares during the period. Finally, Rossby Financial LCC boosted its position in shares of iShares ESG Aware MSCI EM ETF by 18.0% in the 4th quarter. Rossby Financial LCC now owns 2,941 shares of the company’s stock worth $130,000 after purchasing an additional 449 shares during the last quarter.

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.