iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Stock Price Down 1.9% – Should You Sell?

iShares ESG Select Screened S&P 500 ETF (BATS:XVV) dropped 1.9% during mid-day trading on Friday . The stock traded as low as $47.87 and last traded at $47.99. Approximately 48,729 shares changed hands during trading, an increase of 47% from the average daily volume of 33,224 shares. The stock had previously closed at $48.90.

iShares ESG Select Screened S&P 500 ETF Stock Performance

The business’s 50-day moving average price is $51.80 and its 200 day moving average price is $52.07. The company has a market cap of $419.91 million, a P/E ratio of 25.63 and a beta of 1.04.

Institutional Investors Weigh In On iShares ESG Select Screened S&P 500 ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its position in shares of iShares ESG Select Screened S&P 500 ETF by 2.3% during the 4th quarter. Osaic Holdings Inc. now owns 9,057 shares of the company’s stock worth $477,000 after purchasing an additional 203 shares in the last quarter. Cary Street Partners Financial LLC increased its position in iShares ESG Select Screened S&P 500 ETF by 3.8% in the 4th quarter. Cary Street Partners Financial LLC now owns 6,103 shares of the company’s stock valued at $322,000 after buying an additional 225 shares in the last quarter. Eastern Bank raised its stake in iShares ESG Select Screened S&P 500 ETF by 5.0% during the 3rd quarter. Eastern Bank now owns 5,464 shares of the company’s stock worth $282,000 after buying an additional 259 shares during the period. Smithfield Trust Co raised its stake in iShares ESG Select Screened S&P 500 ETF by 50.8% during the 4th quarter. Smithfield Trust Co now owns 790 shares of the company’s stock worth $42,000 after buying an additional 266 shares during the period. Finally, Armor Investment Advisors LLC boosted its holdings in iShares ESG Select Screened S&P 500 ETF by 4.0% in the third quarter. Armor Investment Advisors LLC now owns 6,972 shares of the company’s stock worth $359,000 after acquiring an additional 268 shares in the last quarter.

About iShares ESG Select Screened S&P 500 ETF

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.