iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Hits New 12-Month High – Time to Buy?

Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) reached a new 52-week high on Thursday . The company traded as high as $164.55 and last traded at $164.29, with a volume of 85011 shares traded. The stock had previously closed at $163.70.

iShares ESG Aware MSCI USA ETF Price Performance

The stock’s 50 day moving average is $152.16 and its two-hundred day moving average is $150.10. The stock has a market capitalization of $17.42 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a $0.3698 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. WNY Asset Management LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the first quarter valued at approximately $1,397,000. Wellington Grp LLC boosted its holdings in iShares ESG Aware MSCI USA ETF by 74.7% in the first quarter. Wellington Grp LLC now owns 304 shares of the company’s stock valued at $43,000 after purchasing an additional 130 shares in the last quarter. GTS Financial LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the first quarter valued at approximately $859,000. Bank of America Corp DE boosted its holdings in iShares ESG Aware MSCI USA ETF by 3.5% in the first quarter. Bank of America Corp DE now owns 13,803,021 shares of the company’s stock valued at $1,952,023,000 after purchasing an additional 467,558 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in iShares ESG Aware MSCI USA ETF by 11.2% in the first quarter. Arkadios Wealth Advisors now owns 14,956 shares of the company’s stock valued at $2,115,000 after purchasing an additional 1,511 shares in the last quarter.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.