iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Hits New 12-Month High – Still a Buy?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) reached a new 52-week high during trading on Monday . The stock traded as high as $57.11 and last traded at $56.87, with a volume of 32654 shares trading hands. The stock had previously closed at $56.57.

iShares ESG Aware MSCI EM ETF Stock Performance

The stock has a market cap of $7.41 billion, a price-to-earnings ratio of 14.52 and a beta of 0.75. The business has a 50-day simple moving average of $52.68 and a two-hundred day simple moving average of $48.60.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.4023 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. NBT Bank N A NY increased its stake in iShares ESG Aware MSCI EM ETF by 1,654.5% in the 1st quarter. NBT Bank N A NY now owns 772 shares of the company’s stock valued at $35,000 after buying an additional 728 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter valued at about $39,000. Princeton Global Asset Management LLC bought a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter valued at about $42,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of iShares ESG Aware MSCI EM ETF in the fourth quarter valued at about $46,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in iShares ESG Aware MSCI EM ETF by 21.7% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock worth $57,000 after acquiring an additional 230 shares in the last quarter.

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.