iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sets New 1-Year High – What’s Next?

Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) hit a new 52-week high during trading on Thursday . The stock traded as high as $170.68 and last traded at $170.67, with a volume of 17289 shares trading hands. The stock had previously closed at $169.41.

iShares ESG Aware MSCI USA ETF Stock Up 0.5%

The firm has a market capitalization of $18.46 billion, a PE ratio of 25.34 and a beta of 1.03. The firm’s fifty day simple moving average is $163.85 and its 200-day simple moving average is $155.90.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.3431 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.37 annualized dividend and a dividend yield of 0.8%.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Chicago Partners Investment Group LLC lifted its position in shares of iShares ESG Aware MSCI USA ETF by 0.6% in the 1st quarter. Chicago Partners Investment Group LLC now owns 11,324 shares of the company’s stock valued at $1,753,000 after acquiring an additional 64 shares in the last quarter. Leverty Financial Group LLC grew its position in iShares ESG Aware MSCI USA ETF by 3.2% during the 2nd quarter. Leverty Financial Group LLC now owns 2,209 shares of the company’s stock worth $362,000 after purchasing an additional 68 shares in the last quarter. DWR Wealth Management LLC raised its stake in iShares ESG Aware MSCI USA ETF by 3.1% during the 2nd quarter. DWR Wealth Management LLC now owns 2,463 shares of the company’s stock valued at $400,000 after purchasing an additional 75 shares during the period. Axis Wealth Partners LLC raised its stake in iShares ESG Aware MSCI USA ETF by 1.0% during the 1st quarter. Axis Wealth Partners LLC now owns 7,907 shares of the company’s stock valued at $1,118,000 after purchasing an additional 76 shares during the period. Finally, Fort Point Capital Partners LLC raised its stake in iShares ESG Aware MSCI USA ETF by 2.8% during the 4th quarter. Fort Point Capital Partners LLC now owns 2,780 shares of the company’s stock valued at $420,000 after purchasing an additional 77 shares during the period.

iShares ESG Aware MSCI USA ETF Company Profile

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.