Envestnet Portfolio Solutions Inc. Sells 14,291 Shares of iShares ESG Advanced MSCI USA ETF $USXF

Envestnet Portfolio Solutions Inc. trimmed its stake in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) by 2.8% in the second quarter, HoldingsChannel.com reports. The firm owned 504,269 shares of the company’s stock after selling 14,291 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares ESG Advanced MSCI USA ETF were worth $35,021,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sei Investments Co. raised its position in iShares ESG Advanced MSCI USA ETF by 5.5% during the 1st quarter. Sei Investments Co. now owns 876,093 shares of the company’s stock worth $48,360,000 after purchasing an additional 45,550 shares during the last quarter. Cetera Investment Advisers grew its position in shares of iShares ESG Advanced MSCI USA ETF by 1.6% in the 1st quarter. Cetera Investment Advisers now owns 232,254 shares of the company’s stock valued at $12,820,000 after buying an additional 3,668 shares during the last quarter. Apella Capital LLC bought a new stake in shares of iShares ESG Advanced MSCI USA ETF in the 1st quarter valued at about $12,653,000. Highland Financial Advisors LLC increased its stake in shares of iShares ESG Advanced MSCI USA ETF by 60.7% in the second quarter. Highland Financial Advisors LLC now owns 77,452 shares of the company’s stock valued at $5,379,000 after buying an additional 29,248 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of iShares ESG Advanced MSCI USA ETF by 0.6% in the first quarter. Janney Montgomery Scott LLC now owns 96,470 shares of the company’s stock valued at $5,325,000 after buying an additional 569 shares during the period.

iShares ESG Advanced MSCI USA ETF Stock Performance

Shares of USXF traded down $0.58 during mid-day trading on Wednesday, reaching $68.42. 49,530 shares of the company were exchanged, compared to its average volume of 71,045. iShares ESG Advanced MSCI USA ETF has a 52 week low of $53.05 and a 52 week high of $70.69. The stock has a market capitalization of $1.51 billion, a PE ratio of 28.41 and a beta of 1.09. The business has a 50 day simple moving average of $67.75 and a two-hundred day simple moving average of $64.91.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.149 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. This is a boost from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.12.

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.