iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) Stock Falls 2.7% – Here’s What Happened

iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS)’s share price fell 2.7% during trading on Friday. The stock traded as low as $55.66 and last traded at $55.93. 1,364 shares were traded during mid-day trading, a decline of 59% from the average session volume of 3,293 shares. The stock had previously closed at $57.50.

iShares ESG Aware MSCI USA Growth ETF Stock Performance

The company has a market cap of $31.32 million, a P/E ratio of 36.55 and a beta of 1.19. The stock has a 50-day simple moving average of $58.60 and a 200 day simple moving average of $55.37.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares ESG Aware MSCI USA Growth ETF stock. Ascentis Independent Advisors acquired a new position in shares of iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,338 shares of the company’s stock, valued at approximately $64,000. Ascentis Independent Advisors owned 0.24% of iShares ESG Aware MSCI USA Growth ETF as of its most recent filing with the Securities and Exchange Commission.

iShares ESG Aware MSCI USA Growth ETF Company Profile

The iShares ESG Aware MSCI USA Growth ETF (EGUS) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund is a passively managed fund that tracks an index of US growth stocks with certain environmental, social, and governance criteria. The fund aims to maximizes its ESG exposure. EGUS was launched on Jan 31, 2023 and is managed by BlackRock.