iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Hits New 12-Month High – Here’s What Happened

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $154.88 and last traded at $153.34, with a volume of 635886 shares. The stock had previously closed at $154.21.

iShares ESG Aware MSCI USA ETF Trading Down 0.6%

The company’s fifty day moving average is $146.69 and its 200 day moving average is $148.02. The company has a market capitalization of $16.16 billion, a P/E ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a $0.3698 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.48 annualized dividend and a yield of 1.0%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE boosted its holdings in iShares ESG Aware MSCI USA ETF by 3.2% in the 3rd quarter. Bank of America Corp DE now owns 13,489,213 shares of the company’s stock worth $1,964,029,000 after buying an additional 421,048 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares ESG Aware MSCI USA ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after buying an additional 411,010 shares during the period. TIAA Trust National Association boosted its holdings in iShares ESG Aware MSCI USA ETF by 0.8% in the 4th quarter. TIAA Trust National Association now owns 5,986,011 shares of the company’s stock worth $897,324,000 after buying an additional 47,266 shares during the period. Wealthfront Advisers LLC boosted its holdings in iShares ESG Aware MSCI USA ETF by 3.6% in the 4th quarter. Wealthfront Advisers LLC now owns 2,591,308 shares of the company’s stock worth $386,053,000 after buying an additional 90,420 shares during the period. Finally, Acorns Advisers LLC boosted its holdings in iShares ESG Aware MSCI USA ETF by 0.8% in the 4th quarter. Acorns Advisers LLC now owns 2,565,822 shares of the company’s stock worth $382,256,000 after buying an additional 21,004 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.