iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Reaches New 1-Year High – Here’s Why

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) hit a new 52-week high on Monday . The stock traded as high as $69.89 and last traded at $69.89, with a volume of 4005 shares changing hands. The stock had previously closed at $69.23.

iShares ESG Advanced MSCI USA ETF Trading Up 0.3%

The stock has a market capitalization of $1.47 billion, a P/E ratio of 28.41 and a beta of 1.09. The business has a 50-day moving average price of $65.20 and a two-hundred day moving average price of $60.38.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.1226 dividend. This represents a $0.49 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares ESG Advanced MSCI USA ETF

A number of large investors have recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of iShares ESG Advanced MSCI USA ETF by 5.0% in the 1st quarter. Royal Bank of Canada now owns 137,466 shares of the company’s stock valued at $6,415,000 after buying an additional 6,508 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares ESG Advanced MSCI USA ETF during the 1st quarter worth approximately $452,000. First Trust Advisors LP increased its stake in iShares ESG Advanced MSCI USA ETF by 14.0% in the second quarter. First Trust Advisors LP now owns 5,216 shares of the company’s stock valued at $281,000 after acquiring an additional 642 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in iShares ESG Advanced MSCI USA ETF during the second quarter valued at approximately $105,000. Finally, Sei Investments Co. raised its position in iShares ESG Advanced MSCI USA ETF by 15.0% during the second quarter. Sei Investments Co. now owns 715,184 shares of the company’s stock valued at $38,570,000 after purchasing an additional 93,098 shares in the last quarter.

iShares ESG Advanced MSCI USA ETF Company 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. USXF was launched on Jun 16, 2020 and is managed by BlackRock.