iShares ESG Select Screened S&P Mid-Cap ETF (BATS:XJH) Shares Down 1.2% – Time to Sell?

iShares ESG Select Screened S&P Mid-Cap ETF (BATS:XJH) shares dropped 1.2% during trading on Thursday . The stock traded as low as $47.75 and last traded at $47.90. Approximately 22,950 shares were traded during trading, a decline of 32% from the average daily volume of 33,574 shares. The stock had previously closed at $48.50.

iShares ESG Select Screened S&P Mid-Cap ETF Price Performance

The stock has a 50-day moving average price of $46.34 and a 200-day moving average price of $44.49. The company has a market capitalization of $325.72 million, a P/E ratio of 18.64 and a beta of 1.11.

Hedge Funds Weigh In On iShares ESG Select Screened S&P Mid-Cap ETF

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in iShares ESG Select Screened S&P Mid-Cap ETF by 266.7% during the second quarter. JPMorgan Chase & Co. now owns 594 shares of the company’s stock valued at $25,000 after acquiring an additional 432 shares during the last quarter. WFA of San Diego LLC acquired a new position in shares of iShares ESG Select Screened S&P Mid-Cap ETF in the 2nd quarter valued at about $33,000. Sherman Asset Management Inc. bought a new stake in shares of iShares ESG Select Screened S&P Mid-Cap ETF during the 4th quarter valued at about $33,000. Hanson & Doremus Investment Management boosted its position in shares of iShares ESG Select Screened S&P Mid-Cap ETF by 71.0% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,912 shares of the company’s stock valued at $84,000 after purchasing an additional 794 shares in the last quarter. Finally, Mascoma Wealth Management LLC grew its stake in iShares ESG Select Screened S&P Mid-Cap ETF by 68.3% during the third quarter. Mascoma Wealth Management LLC now owns 3,355 shares of the company’s stock worth $147,000 after purchasing an additional 1,361 shares during the period.

About iShares ESG Select Screened S&P Mid-Cap ETF

The iShares ESG Screened S&P Mid-Cap ETF (XJH) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market-cap weighted index of US mid-caps screened for sustainability and excluding those with exposure to certain controversial business activities. XJH was launched on Sep 22, 2020 and is managed by BlackRock.