iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Strong Trading Volume – Still a Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw strong trading volume on Thursday . 187,482 shares traded hands during mid-day trading, an increase of 110% from the previous session’s volume of 89,164 shares.The stock last traded at $56.00 and had previously closed at $56.17.

iShares ESG Advanced MSCI USA ETF Stock Down 0.7%

The stock has a market cap of $1.17 billion, a P/E ratio of 28.41 and a beta of 1.05. The company has a 50-day simple moving average of $58.32 and a two-hundred day simple moving average of $57.69.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, March 17th will be issued a dividend of $0.1244 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, March 17th.

Institutional Investors Weigh In On iShares ESG Advanced MSCI USA ETF

Large investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 20.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,759 shares of the company’s stock worth $216,000 after purchasing an additional 644 shares during the last quarter. World Investment Advisors lifted its holdings in iShares ESG Advanced MSCI USA ETF by 9.2% in the 4th quarter. World Investment Advisors now owns 14,268 shares of the company’s stock worth $822,000 after buying an additional 1,197 shares during the period. Corient Private Wealth LLC bought a new stake in shares of iShares ESG Advanced MSCI USA ETF in the 4th quarter worth approximately $209,000. Financially in Tune LLC bought a new stake in shares of iShares ESG Advanced MSCI USA ETF in the 4th quarter worth approximately $334,000. Finally, Axxcess Wealth Management LLC increased its stake in shares of iShares ESG Advanced MSCI USA ETF by 10.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 4,929 shares of the company’s stock valued at $284,000 after buying an additional 448 shares during the period.

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.