iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) is Spinnaker Trust’s Largest Position

Spinnaker Trust raised its stake in shares of iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) by 0.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,173,839 shares of the company’s stock after buying an additional 7,635 shares during the quarter. iShares ESG Aware MSCI EAFE ETF makes up about 6.0% of Spinnaker Trust’s holdings, making the stock its largest holding. Spinnaker Trust’s holdings in iShares ESG Aware MSCI EAFE ETF were worth $88,672,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Alesco Advisors LLC boosted its holdings in iShares ESG Aware MSCI EAFE ETF by 0.7% in the 4th quarter. Alesco Advisors LLC now owns 135,548 shares of the company’s stock worth $10,239,000 after buying an additional 904 shares during the period. Evolution Advisers Inc. purchased a new position in shares of iShares ESG Aware MSCI EAFE ETF during the fourth quarter worth approximately $48,000. Gould Asset Management LLC CA increased its position in shares of iShares ESG Aware MSCI EAFE ETF by 2.0% during the fourth quarter. Gould Asset Management LLC CA now owns 29,642 shares of the company’s stock worth $2,239,000 after acquiring an additional 582 shares during the period. Bfsg LLC purchased a new position in shares of iShares ESG Aware MSCI EAFE ETF during the fourth quarter worth approximately $84,000. Finally, JMG Financial Group Ltd. increased its position in shares of iShares ESG Aware MSCI EAFE ETF by 143.2% during the fourth quarter. JMG Financial Group Ltd. now owns 35,669 shares of the company’s stock worth $2,694,000 after acquiring an additional 21,000 shares during the period.

iShares ESG Aware MSCI EAFE ETF Price Performance

Shares of NASDAQ:ESGD traded up $0.55 during trading on Friday, reaching $78.04. 452,567 shares of the company were exchanged, compared to its average volume of 329,733. The firm has a market capitalization of $7.98 billion, a PE ratio of 14.89 and a beta of 0.86. The business’s fifty day simple moving average is $78.33 and its 200-day simple moving average is $74.59. iShares ESG Aware MSCI EAFE ETF has a 12-month low of $65.74 and a 12-month high of $80.20.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.