iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Strong Trading Volume – Time to Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) shares saw an uptick in trading volume on Monday . 52,123 shares changed hands during mid-day trading, a decline of 35% from the previous session’s volume of 79,600 shares.The stock last traded at $62.02 and had previously closed at $62.06.

iShares ESG Advanced MSCI USA ETF Trading Down 0.4%

The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 28.41 and a beta of 1.06. The company’s 50-day moving average is $57.63 and its 200-day moving average is $57.78.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $0.1244 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 17th.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of institutional investors have recently modified their holdings of USXF. LPL Financial LLC lifted its position in shares of iShares ESG Advanced MSCI USA ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 897,925 shares of the company’s stock worth $51,703,000 after buying an additional 15,591 shares during the last quarter. Sei Investments Co. raised its stake in iShares ESG Advanced MSCI USA ETF by 8.4% during the third quarter. Sei Investments Co. now owns 775,582 shares of the company’s stock worth $44,448,000 after acquiring an additional 60,398 shares in the last quarter. SigFig Wealth Management LLC lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 0.4% in the fourth quarter. SigFig Wealth Management LLC now owns 670,255 shares of the company’s stock worth $38,593,000 after acquiring an additional 2,987 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares ESG Advanced MSCI USA ETF by 0.3% in the 4th quarter. JPMorgan Chase & Co. now owns 500,953 shares of the company’s stock valued at $28,845,000 after purchasing an additional 1,513 shares in the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of iShares ESG Advanced MSCI USA ETF by 751.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock valued at $22,910,000 after purchasing an additional 355,630 shares in the last quarter.

iShares ESG Advanced MSCI USA ETF Company Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.