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

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE)’s share price hit a new 52-week high on Tuesday . The company traded as high as $47.79 and last traded at $47.63, with a volume of 687670 shares trading hands. The stock had previously closed at $47.57.

iShares ESG Aware MSCI EM ETF Price Performance

The firm’s fifty day moving average price is $44.98 and its 200-day moving average price is $43.21. The company has a market capitalization of $6.27 billion, a price-to-earnings ratio of 14.52 and a beta of 0.66.

iShares ESG Aware MSCI EM ETF Announces Dividend

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

Institutional Trading of iShares ESG Aware MSCI EM ETF

A number of hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its holdings in iShares ESG Aware MSCI EM ETF by 20.1% during the 2nd quarter. Janney Montgomery Scott LLC now owns 72,418 shares of the company’s stock worth $2,837,000 after acquiring an additional 12,142 shares during the last quarter. Quent Capital LLC lifted its holdings in shares of iShares ESG Aware MSCI EM ETF by 0.4% during the second quarter. Quent Capital LLC now owns 115,286 shares of the company’s stock worth $4,516,000 after purchasing an additional 429 shares during the period. Acorns Advisers LLC lifted its holdings in shares of iShares ESG Aware MSCI EM ETF by 4.0% during the second 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 during the period. eCIO Inc. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 76.5% in the second quarter. eCIO Inc. now owns 14,991 shares of the company’s stock worth $587,000 after purchasing an additional 6,498 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its holdings in iShares ESG Aware MSCI EM ETF by 18.5% in the second quarter. GPS Wealth Strategies Group LLC now owns 7,483 shares of the company’s stock valued at $293,000 after purchasing an additional 1,170 shares during the period.

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