Financial Connections Group Inc. Raises Stake in iShares ESG Advanced MSCI USA ETF $USXF

Financial Connections Group Inc. lifted its position in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) by 0.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 222,581 shares of the company’s stock after buying an additional 2,060 shares during the period. iShares ESG Advanced MSCI USA ETF comprises 5.0% of Financial Connections Group Inc.’s portfolio, making the stock its 6th largest holding. Financial Connections Group Inc. owned about 0.98% of iShares ESG Advanced MSCI USA ETF worth $12,003,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in USXF. LPL Financial LLC raised its holdings in shares of iShares ESG Advanced MSCI USA ETF by 10.6% during the first quarter. LPL Financial LLC now owns 1,159,705 shares of the company’s stock valued at $54,123,000 after purchasing an additional 111,539 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares ESG Advanced MSCI USA ETF by 1.9% during the first quarter. Envestnet Asset Management Inc. now owns 5,174,807 shares of the company’s stock valued at $241,508,000 after purchasing an additional 94,960 shares during the last quarter. Cetera Investment Advisers lifted its position in iShares ESG Advanced MSCI USA ETF by 12.6% during the first quarter. Cetera Investment Advisers now owns 312,204 shares of the company’s stock valued at $14,571,000 after purchasing an additional 34,821 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares ESG Advanced MSCI USA ETF in the 2nd quarter worth about $1,661,000. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 8.0% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 365,571 shares of the company’s stock worth $17,061,000 after acquiring an additional 27,170 shares during the last quarter.

iShares ESG Advanced MSCI USA ETF Price Performance

USXF stock opened at $56.25 on Friday. The company has a market capitalization of $1.17 billion, a PE ratio of 28.41 and a beta of 1.03. iShares ESG Advanced MSCI USA ETF has a 12 month low of $40.01 and a 12 month high of $58.38. The firm’s 50-day moving average is $56.47 and its 200 day moving average is $52.38.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.1251 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.50 dividend on an annualized basis and a yield of 0.9%.

iShares ESG Advanced MSCI USA ETF Profile

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.