iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Hits New 12-Month High – Should You Buy?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $54.00 and last traded at $53.88, with a volume of 3501359 shares changing hands. The stock had previously closed at $52.24.

iShares ESG Aware MSCI EM ETF Price Performance

The firm has a market cap of $7.03 billion, a price-to-earnings ratio of 14.52 and a beta of 0.73. The company has a fifty day moving average price of $47.97 and a two-hundred day moving average price of $46.43.

Institutional Trading of iShares ESG Aware MSCI EM ETF

Several institutional investors have recently modified their holdings of ESGE. BNP Paribas Financial Markets lifted its holdings in shares of iShares ESG Aware MSCI EM ETF by 29,494.2% in the second quarter. BNP Paribas Financial Markets now owns 71,618 shares of the company’s stock valued at $2,805,000 after buying an additional 71,376 shares during the period. Captrust Financial Advisors boosted its position in shares of iShares ESG Aware MSCI EM ETF by 9.1% in the second quarter. Captrust Financial Advisors now owns 36,972 shares of the company’s stock worth $1,448,000 after buying an additional 3,086 shares during the period. Blue Edge Capital LLC boosted its position in shares of iShares ESG Aware MSCI EM ETF by 12.5% in the second quarter. Blue Edge Capital LLC now owns 51,158 shares of the company’s stock worth $2,004,000 after buying an additional 5,677 shares during the period. North Star Investment Management Corp. purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth $63,000. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth $181,000.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.