iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Hits New 12-Month High – Here’s What Happened

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $160.80 and last traded at $160.75, with a volume of 23928 shares changing hands. The stock had previously closed at $160.45.

iShares ESG Aware MSCI USA ETF Trading Up 0.3%

The firm’s 50-day moving average price is $148.18 and its 200-day moving average price is $148.78. The stock has a market capitalization of $17.02 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a $0.3698 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Trading of iShares ESG Aware MSCI USA ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in iShares ESG Aware MSCI USA ETF by 3.2% in the 3rd quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock worth $1,964,029,000 after purchasing an additional 421,048 shares during the period. JPMorgan Chase & Co. raised its position in iShares ESG Aware MSCI USA ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after purchasing an additional 411,010 shares during the period. TIAA Trust National Association raised its position in iShares ESG Aware MSCI USA ETF by 0.8% in the 4th quarter. TIAA Trust National Association now owns 5,986,011 shares of the company’s stock worth $897,324,000 after purchasing an additional 47,266 shares during the period. Wealthfront Advisers LLC raised its position in iShares ESG Aware MSCI USA ETF by 2.1% in the 1st quarter. Wealthfront Advisers LLC now owns 2,646,197 shares of the company’s stock worth $374,225,000 after purchasing an additional 54,889 shares during the period. Finally, Acorns Advisers LLC raised its position in iShares ESG Aware MSCI USA ETF by 0.8% in the 4th quarter. Acorns Advisers LLC now owns 2,565,822 shares of the company’s stock worth $382,256,000 after purchasing an additional 21,004 shares during the period.

About iShares ESG Aware MSCI USA ETF

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.