iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Unusually-High Trading Volume – Here’s What Happened

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw unusually-strong trading volume on Wednesday . Approximately 2,935,159 shares traded hands during mid-day trading, an increase of 382% from the previous session’s volume of 609,166 shares.The stock last traded at $42.6850 and had previously closed at $42.83.

iShares ESG Aware MSCI EM ETF Stock Performance

The firm has a 50-day moving average of $44.12 and a 200-day moving average of $41.72. The firm has a market capitalization of $5.47 billion, a P/E ratio of 14.52 and a beta of 0.66.

iShares ESG Aware MSCI EM ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 16th will be issued a $0.7318 dividend. This represents a yield of 342.0%. The ex-dividend date is Tuesday, December 16th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

A number of institutional investors have recently made changes to their positions in ESGE. Flow Traders U.S. LLC grew its position in shares of iShares ESG Aware MSCI EM ETF by 0.5% during the 1st quarter. Flow Traders U.S. LLC now owns 113,638 shares of the company’s stock valued at $3,972,000 after acquiring an additional 533 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares ESG Aware MSCI EM ETF by 27.1% during the first quarter. Ameriprise Financial Inc. now owns 1,653,189 shares of the company’s stock valued at $57,803,000 after purchasing an additional 352,198 shares during the period. DRW Securities LLC purchased a new stake in iShares ESG Aware MSCI EM ETF in the first quarter worth about $3,495,000. Amundi increased its position in iShares ESG Aware MSCI EM ETF by 13.7% in the first quarter. Amundi now owns 37,866 shares of the company’s stock worth $1,303,000 after buying an additional 4,569 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 3.8% in the first quarter. NewEdge Advisors LLC now owns 78,700 shares of the company’s stock worth $2,751,000 after buying an additional 2,888 shares during the period.

iShares ESG Aware MSCI EM ETF Company Profile

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.