Envestnet Asset Management Inc. Sells 1,033,767 Shares of iShares ESG Advanced MSCI USA ETF $USXF

Envestnet Asset Management Inc. decreased its holdings in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) by 27.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,697,218 shares of the company’s stock after selling 1,033,767 shares during the quarter. Envestnet Asset Management Inc. owned 12.97% of iShares ESG Advanced MSCI USA ETF worth $154,578,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in USXF. Smartleaf Asset Management LLC bought a new stake in shares of iShares ESG Advanced MSCI USA ETF in the second quarter valued at approximately $26,000. Evolution Wealth Management Inc. acquired a new position in iShares ESG Advanced MSCI USA ETF in the 2nd quarter valued at $32,000. Clarity Asset Management Inc. acquired a new position in iShares ESG Advanced MSCI USA ETF in the 2nd quarter valued at $44,000. Ameritas Advisory Services LLC acquired a new position in iShares ESG Advanced MSCI USA ETF in the second quarter valued at about $56,000. Finally, Rossmore Private Capital bought a new stake in iShares ESG Advanced MSCI USA ETF during the third quarter worth about $80,000.

iShares ESG Advanced MSCI USA ETF Stock Up 3.6%

Shares of iShares ESG Advanced MSCI USA ETF stock opened at $58.57 on Friday. iShares ESG Advanced MSCI USA ETF has a 12-month low of $40.01 and a 12-month high of $59.94. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 28.41 and a beta of 1.05. The firm’s 50-day moving average price is $58.22 and its two-hundred day moving average price is $57.24.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.1785 per share. This is an increase from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.13. This represents a $0.71 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, December 16th.

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.