iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Hits New 12-Month High – Here’s What Happened

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $160.80 and last traded at $160.75, with a volume of 23928 shares trading hands. The stock had previously closed at $160.45.

iShares ESG Aware MSCI USA ETF Stock Up 0.3%

The stock’s 50 day moving average price is $148.18 and its 200-day moving average price is $148.78. The stock has a market capitalization of $17.02 billion, a P/E ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.3698 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

Several institutional investors have recently bought and sold shares of ESGU. Envestnet Asset Management Inc. boosted its stake in iShares ESG Aware MSCI USA ETF by 24.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,260,765 shares of the company’s stock valued at $329,167,000 after acquiring an additional 444,833 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares ESG Aware MSCI USA ETF by 3.2% in the third quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock valued at $1,964,029,000 after acquiring an additional 421,048 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares ESG Aware MSCI USA ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock valued at $1,532,804,000 after acquiring an additional 411,010 shares in the last quarter. Citigroup Inc. boosted its stake in iShares ESG Aware MSCI USA ETF by 74.1% in the third quarter. Citigroup Inc. now owns 618,989 shares of the company’s stock valued at $90,125,000 after acquiring an additional 263,387 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new stake in iShares ESG Aware MSCI USA ETF in the third quarter valued at approximately $27,067,000.

iShares ESG Aware MSCI USA ETF Company Profile

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.