iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sets New 52-Week High – Still a Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) hit a new 52-week high on Tuesday . The company traded as high as $62.32 and last traded at $62.24, with a volume of 1206 shares trading hands. The stock had previously closed at $62.17.

iShares ESG Advanced MSCI USA ETF Stock Up 1.1%

The business’s 50 day moving average is $57.82 and its two-hundred day moving average is $57.87. The firm has a market capitalization of $1.31 billion, a P/E ratio of 28.41 and a beta of 1.06.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.1244 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, March 17th.

Institutional Investors Weigh In On iShares ESG Advanced MSCI USA ETF

A number of hedge funds and other institutional investors have recently modified their holdings of USXF. Smartleaf Asset Management LLC bought a new stake in shares of iShares ESG Advanced MSCI USA ETF during the second quarter valued at about $26,000. Investors Research Corp raised its stake in shares of iShares ESG Advanced MSCI USA ETF by 82.4% during the fourth quarter. Investors Research Corp now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 248 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its holdings in iShares ESG Advanced MSCI USA ETF by 107.5% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 689 shares of the company’s stock worth $39,000 after acquiring an additional 357 shares during the period. Triumph Capital Management bought a new stake in iShares ESG Advanced MSCI USA ETF in the third quarter worth about $46,000. Finally, Birchbrook Inc. raised its position in iShares ESG Advanced MSCI USA ETF by 128.7% in the fourth quarter. Birchbrook Inc. now owns 814 shares of the company’s stock worth $47,000 after acquiring an additional 458 shares in the last quarter.

About iShares ESG Advanced MSCI USA ETF

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.