iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Trading Up 0.6% – Here’s What Happened

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG)’s share price were up 0.6% on Tuesday . The company traded as high as $91.95 and last traded at $91.73. Approximately 4,358 shares changed hands during trading, a decline of 6% from the average daily volume of 4,616 shares. The stock had previously closed at $91.16.

iShares MSCI Global Sustainable Development Goals ETF Trading Up 0.6%

The stock’s 50-day moving average price is $87.34 and its two-hundred day moving average price is $85.94. The stock has a market capitalization of $174.29 million, a P/E ratio of 18.86 and a beta of 0.64.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares MSCI Global Sustainable Development Goals ETF stock. Ameriflex Group Inc. increased its holdings in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) by 98.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 364 shares of the company’s stock after buying an additional 181 shares during the period. Ameriflex Group Inc.’s holdings in iShares MSCI Global Sustainable Development Goals ETF were worth $30,000 as of its most recent SEC filing.

About iShares MSCI Global Sustainable Development Goals ETF

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals. SDG was launched on Apr 20, 2016 and is managed by BlackRock.