iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sets New 1-Year High – What’s Next?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $67.71 and last traded at $67.68, with a volume of 9245 shares. The stock had previously closed at $66.35.

iShares ESG Advanced MSCI USA ETF Price Performance

The company has a market capitalization of $1.43 billion, a P/E ratio of 28.41 and a beta of 1.08. The firm has a fifty day moving average price of $61.11 and a 200-day moving average price of $59.06.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.1244 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Thrivent Financial for Lutherans lifted its position in shares of iShares ESG Advanced MSCI USA ETF by 698.5% during the third quarter. Thrivent Financial for Lutherans now owns 80,728 shares of the company’s stock worth $4,627,000 after acquiring an additional 70,618 shares in the last quarter. Ameritas Advisory Services LLC lifted its position in shares of iShares ESG Advanced MSCI USA ETF by 1,803.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 12,279 shares of the company’s stock worth $707,000 after acquiring an additional 11,634 shares in the last quarter. Allworth Financial LP lifted its position in shares of iShares ESG Advanced MSCI USA ETF by 3.2% during the third quarter. Allworth Financial LP now owns 292,208 shares of the company’s stock worth $16,746,000 after acquiring an additional 9,131 shares in the last quarter. Dana Investment Advisors Inc. purchased a new stake in shares of iShares ESG Advanced MSCI USA ETF during the fourth quarter worth $498,000. Finally, Asempa Wealth Advisors purchased a new stake in shares of iShares ESG Advanced MSCI USA ETF during the fourth quarter worth $665,000.

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.