MAI Capital Management Lowers Position in iShares ESG Select Screened S&P 500 ETF $XVV

MAI Capital Management decreased its holdings in shares of iShares ESG Select Screened S&P 500 ETF (BATS:XVV) by 1.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,493 shares of the company’s stock after selling 256 shares during the quarter. MAI Capital Management owned about 0.25% of iShares ESG Select Screened S&P 500 ETF worth $920,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Redwood Park Advisors LLC raised its stake in iShares ESG Select Screened S&P 500 ETF by 27.1% during the first quarter. Redwood Park Advisors LLC now owns 1,376 shares of the company’s stock valued at $59,000 after purchasing an additional 293 shares in the last quarter. Assetmark Inc. purchased a new stake in iShares ESG Select Screened S&P 500 ETF during the first quarter valued at $62,000. VSM Wealth Advisory LLC increased its position in iShares ESG Select Screened S&P 500 ETF by 26.3% during the first quarter. VSM Wealth Advisory LLC now owns 1,696 shares of the company’s stock valued at $73,000 after acquiring an additional 353 shares during the last quarter. Millstone Evans Group LLC bought a new position in iShares ESG Select Screened S&P 500 ETF during the first quarter valued at $103,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in iShares ESG Select Screened S&P 500 ETF during the first quarter valued at $126,000.

iShares ESG Select Screened S&P 500 ETF Stock Up 20.8%

XVV stock opened at $49.56 on Thursday. The firm’s fifty day simple moving average is $48.81 and its two-hundred day simple moving average is $45.57. iShares ESG Select Screened S&P 500 ETF has a twelve month low of $36.77 and a twelve month high of $49.02. The stock has a market capitalization of $433.65 million, a price-to-earnings ratio of 25.63 and a beta of 1.04.

iShares ESG Select Screened S&P 500 ETF Profile

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities.