iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sets New 52-Week High – What’s Next?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) reached a new 52-week high on Tuesday . The company traded as high as $63.74 and last traded at $63.74, with a volume of 6055 shares traded. The stock had previously closed at $62.89.

iShares ESG Advanced MSCI USA ETF Price Performance

The stock has a 50 day simple moving average of $58.70 and a two-hundred day simple moving average of $58.27. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 28.41 and a beta of 1.08.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.1244 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.50 dividend on an annualized basis and a yield of 0.8%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in shares of iShares ESG Advanced MSCI USA ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 897,925 shares of the company’s stock valued at $51,703,000 after purchasing an additional 15,591 shares during the last quarter. Sei Investments Co. lifted its stake in shares of iShares ESG Advanced MSCI USA ETF by 8.4% in the 3rd quarter. Sei Investments Co. now owns 775,582 shares of the company’s stock valued at $44,448,000 after purchasing an additional 60,398 shares during the last quarter. SigFig Wealth Management LLC lifted its stake in shares of iShares ESG Advanced MSCI USA ETF by 0.4% in the 4th quarter. SigFig Wealth Management LLC now owns 670,255 shares of the company’s stock valued at $38,593,000 after purchasing an additional 2,987 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares ESG Advanced MSCI USA ETF by 0.3% in the 4th quarter. JPMorgan Chase & Co. now owns 500,953 shares of the company’s stock valued at $28,845,000 after purchasing an additional 1,513 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its stake in shares of iShares ESG Advanced MSCI USA ETF by 751.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock valued at $22,910,000 after purchasing an additional 355,630 shares during 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.