Shares of iShares ESG Select Screened S&P 500 ETF (BATS:XVV – Get Free Report) shot up 1.8% on Wednesday. The stock traded as high as $58.76 and last traded at $58.59. 19,836 shares traded hands during trading, a decline of 30% from the average session volume of 28,209 shares. The stock had previously closed at $57.58.
iShares ESG Select Screened S&P 500 ETF Stock Up 1.8%
The firm has a market capitalization of $512.66 million, a price-to-earnings ratio of 25.63 and a beta of 1.04. The firm’s 50 day moving average is $58.60 and its 200 day moving average is $55.68.
Institutional Trading of iShares ESG Select Screened S&P 500 ETF
Hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in iShares ESG Select Screened S&P 500 ETF by 4,934.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,412,659 shares of the company’s stock worth $80,225,000 after acquiring an additional 1,384,598 shares in the last quarter. Denver PWM LLC bought a new stake in iShares ESG Select Screened S&P 500 ETF in the second quarter worth approximately $38,898,000. NewEdge Advisors LLC lifted its stake in shares of iShares ESG Select Screened S&P 500 ETF by 7,525.8% in the second quarter. NewEdge Advisors LLC now owns 549,517 shares of the company’s stock worth $31,207,000 after buying an additional 542,311 shares during the last quarter. Waycross Investment Management Co bought a new stake in iShares ESG Select Screened S&P 500 ETF during the second quarter valued at about $30,157,000. Finally, Baird Financial Group Inc. acquired a new stake in iShares ESG Select Screened S&P 500 ETF in the 2nd quarter worth $16,180,000.
About iShares ESG Select Screened S&P 500 ETF
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. XVV was launched on Sep 22, 2020 and is managed by BlackRock.
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