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

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw unusually-strong trading volume on Tuesday . 130,002 shares changed hands during trading, an increase of 94% from the previous session’s volume of 67,036 shares.The stock last traded at $68.6450 and had previously closed at $68.75.

iShares ESG Advanced MSCI USA ETF Stock Performance

The stock has a market cap of $1.51 billion, a P/E ratio of 28.41 and a beta of 1.09. The company’s fifty day moving average price is $67.75 and its 200-day moving average price is $64.91.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a dividend of $0.149 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th. This is an increase from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.12.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Hedge funds have recently added to or reduced their stakes in the stock. Capital Analysts LLC grew its stake in iShares ESG Advanced MSCI USA ETF by 3.0% in the second quarter. Capital Analysts LLC now owns 19,855 shares of the company’s stock worth $1,379,000 after purchasing an additional 586 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in iShares ESG Advanced MSCI USA ETF by 1.3% in the second quarter. Integrated Wealth Concepts LLC now owns 63,624 shares of the company’s stock valued at $4,419,000 after purchasing an additional 786 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of iShares ESG Advanced MSCI USA ETF by 8.3% during the 2nd quarter. NewEdge Advisors LLC now owns 60,517 shares of the company’s stock worth $4,203,000 after acquiring an additional 4,649 shares in the last quarter. Baird Financial Group Inc. acquired a new position in shares of iShares ESG Advanced MSCI USA ETF during the second quarter worth $1,648,000. Finally, Highland Financial Advisors LLC boosted its holdings in iShares ESG Advanced MSCI USA ETF by 60.7% in the second quarter. Highland Financial Advisors LLC now owns 77,452 shares of the company’s stock worth $5,379,000 after acquiring an additional 29,248 shares in the last quarter.

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.