Envestnet Asset Management Inc. Has $154.58 Million Position in iShares ESG Advanced MSCI USA ETF $USXF

Envestnet Asset Management Inc. decreased its stake in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) by 27.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,697,218 shares of the company’s stock after selling 1,033,767 shares during the period. Envestnet Asset Management Inc. owned approximately 0.13% of iShares ESG Advanced MSCI USA ETF worth $154,578,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in USXF. Sei Investments Co. boosted its holdings in iShares ESG Advanced MSCI USA ETF by 15.0% in the second quarter. Sei Investments Co. now owns 715,184 shares of the company’s stock valued at $38,570,000 after acquiring an additional 93,098 shares during the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of iShares ESG Advanced MSCI USA ETF by 751.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock worth $22,910,000 after purchasing an additional 355,630 shares during the period. Spinnaker Trust boosted its stake in shares of iShares ESG Advanced MSCI USA ETF by 3.1% in the 2nd quarter. Spinnaker Trust now owns 280,739 shares of the company’s stock valued at $15,140,000 after purchasing an additional 8,349 shares during the last quarter. Financial Connections Group Inc. increased its position in shares of iShares ESG Advanced MSCI USA ETF by 6.5% during the third quarter. Financial Connections Group Inc. now owns 237,052 shares of the company’s stock worth $13,585,000 after buying an additional 14,471 shares during the period. Finally, Royal Bank of Canada raised its stake in iShares ESG Advanced MSCI USA ETF by 5.0% during the first quarter. Royal Bank of Canada now owns 137,466 shares of the company’s stock worth $6,415,000 after buying an additional 6,508 shares during the last quarter.

iShares ESG Advanced MSCI USA ETF Stock Up 3.6%

USXF stock opened at $58.57 on Friday. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 28.41 and a beta of 1.05. The company’s fifty day simple moving average is $58.22 and its 200 day simple moving average is $57.24. iShares ESG Advanced MSCI USA ETF has a 12-month low of $40.01 and a 12-month high of $59.94.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.1785 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.13.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.