iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Reaches New 52-Week High – What’s Next?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $57.11 and last traded at $56.87, with a volume of 32654 shares changing hands. The stock had previously closed at $56.57.

iShares ESG Aware MSCI EM ETF Trading Down 5.6%

The company has a market cap of $6.99 billion, a P/E ratio of 14.52 and a beta of 0.75. The company’s fifty day moving average is $52.96 and its 200 day moving average is $48.76.

iShares ESG Aware MSCI EM ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.4023 per share. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ESGE. Parallel Advisors LLC increased its holdings in shares of iShares ESG Aware MSCI EM ETF by 43.3% in the first quarter. Parallel Advisors LLC now owns 34,621 shares of the company’s stock worth $1,574,000 after buying an additional 10,456 shares during the period. Bradley Foster & Sargent Inc. CT boosted its holdings in iShares ESG Aware MSCI EM ETF by 6.6% during the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 7,667 shares of the company’s stock valued at $349,000 after acquiring an additional 477 shares during the period. Hollencrest Capital Management bought a new position in iShares ESG Aware MSCI EM ETF during the 1st quarter worth approximately $39,000. Koss Olinger Consulting LLC grew its position in iShares ESG Aware MSCI EM ETF by 0.7% during the 1st quarter. Koss Olinger Consulting LLC now owns 61,367 shares of the company’s stock worth $2,790,000 after acquiring an additional 422 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC grew its position in iShares ESG Aware MSCI EM ETF by 55.7% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 8,600 shares of the company’s stock worth $391,000 after acquiring an additional 3,075 shares during the last quarter.

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.