iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sets New 52-Week High – Time to Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $167.24 and last traded at $167.21, with a volume of 9867 shares changing hands. The stock had previously closed at $166.11.

iShares ESG Aware MSCI USA ETF Stock Up 1.0%

The firm has a fifty day moving average of $163.26 and a 200-day moving average of $154.95. The firm has a market cap of $18.19 billion, a P/E ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.3431 per share. The ex-dividend date was Monday, June 15th. This represents a $1.37 dividend on an annualized basis and a dividend yield of 0.8%.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at about $25,000. Triumph Capital Management acquired a new stake in shares of iShares ESG Aware MSCI USA ETF in the third quarter valued at approximately $34,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter valued at approximately $42,000. Evolution Wealth Management Inc. boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 64.9% during the 4th quarter. Evolution Wealth Management Inc. now owns 282 shares of the company’s stock worth $42,000 after acquiring an additional 111 shares during the period. Finally, Wellington Grp LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 74.7% during the 1st quarter. Wellington Grp LLC now owns 304 shares of the company’s stock worth $43,000 after acquiring an additional 130 shares during the period.

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.