iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Large Volume Increase – Here’s Why

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw unusually-high trading volume on Tuesday . Approximately 1,028,777 shares changed hands during mid-day trading, an increase of 55% from the previous session’s volume of 663,156 shares.The stock last traded at $46.5050 and had previously closed at $46.75.

iShares ESG Aware MSCI EM ETF Stock Down 0.7%

The firm has a 50-day moving average price of $44.33 and a 200 day moving average price of $42.57. The firm has a market capitalization of $5.87 billion, a PE ratio of 14.52 and a beta of 0.66.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.7318 per share. This represents a yield of 342.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 26.3% in the third quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock valued at $102,658,000 after purchasing an additional 493,011 shares in the last quarter. Acorns Advisers LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 4.0% in the second quarter. Acorns Advisers LLC now owns 1,239,058 shares of the company’s stock valued at $48,534,000 after acquiring an additional 48,167 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in iShares ESG Aware MSCI EM ETF by 188.5% in the second quarter. Flow Traders U.S. LLC now owns 327,848 shares of the company’s stock valued at $12,842,000 after purchasing an additional 214,210 shares during the period. Quent Capital LLC boosted its holdings in iShares ESG Aware MSCI EM ETF by 0.4% in the second quarter. Quent Capital LLC now owns 115,286 shares of the company’s stock valued at $4,516,000 after purchasing an additional 429 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in iShares ESG Aware MSCI EM ETF by 9.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 95,197 shares of the company’s stock worth $4,074,000 after purchasing an additional 8,526 shares in the last quarter.

About iShares ESG Aware MSCI EM ETF

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.