Sowell Financial Services LLC Makes New $1.79 Million Investment in iShares ESG Aware MSCI USA ETF $ESGU

Sowell Financial Services LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 10,705 shares of the company’s stock, valued at approximately $1,786,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Security National Bank of Sioux City Iowa IA acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the second quarter worth about $25,000. Highland Investment Advisors LLC acquired a new stake in iShares ESG Aware MSCI USA ETF in the 2nd quarter valued at approximately $33,000. Wellington Grp LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 74.7% in the 1st quarter. Wellington Grp LLC now owns 304 shares of the company’s stock valued at $43,000 after acquiring an additional 130 shares in the last quarter. Flagship Wealth Advisors LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 29.2% in the 1st quarter. Flagship Wealth Advisors LLC now owns 531 shares of the company’s stock valued at $72,000 after acquiring an additional 120 shares in the last quarter. Finally, NFSG Corp bought a new stake in iShares ESG Aware MSCI USA ETF in the 3rd quarter valued at approximately $79,000.

iShares ESG Aware MSCI USA ETF Stock Down 1.9%

NASDAQ:ESGU opened at $165.22 on Friday. iShares ESG Aware MSCI USA ETF has a twelve month low of $136.82 and a twelve month high of $171.09. The business has a 50 day moving average price of $167.96 and a two-hundred day moving average price of $159.09. The company has a market cap of $17.85 billion, a P/E ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.3813 dividend. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.3431. This represents a $1.53 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 15th.

About iShares ESG Aware MSCI USA ETF

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.