iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Hits New 1-Year High – Time to Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $134.30 and last traded at $134.30, with a volume of 660039 shares traded. The stock had previously closed at $133.63.

iShares ESG Aware MSCI USA ETF Trading Up 0.5 %

The business has a 50 day moving average price of $131.13 and a 200 day moving average price of $126.22. The company has a market capitalization of $14.32 billion, a P/E ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.408 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of iShares ESG Aware MSCI USA ETF

A number of large investors have recently made changes to their positions in ESGU. Arcadia Wealth Management LLC grew its stake in iShares ESG Aware MSCI USA ETF by 40.7% in the fourth quarter. Arcadia Wealth Management LLC now owns 4,317 shares of the company’s stock valued at $556,000 after acquiring an additional 1,248 shares during the period. Institute for Wealth Management LLC. grew its position in shares of iShares ESG Aware MSCI USA ETF by 6.8% in the 4th quarter. Institute for Wealth Management LLC. now owns 50,689 shares of the company’s stock valued at $6,530,000 after purchasing an additional 3,224 shares during the period. Strategic Point Investment Advisors LLC grew its position in shares of iShares ESG Aware MSCI USA ETF by 0.9% in the 4th quarter. Strategic Point Investment Advisors LLC now owns 13,645 shares of the company’s stock valued at $1,758,000 after purchasing an additional 120 shares during the period. Synergy Asset Management LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the 4th quarter worth approximately $62,000. Finally, Foster Group Inc. raised its holdings in iShares ESG Aware MSCI USA ETF by 1.4% during the 4th quarter. Foster Group Inc. now owns 20,331 shares of the company’s stock worth $2,619,000 after buying an additional 273 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.