iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Stock Cross Above 200-Day Moving Average – Here’s What Happened

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $51.26 and traded as high as $51.53. iShares ESG Aware MSCI EM ETF shares last traded at $51.42, with a volume of 538,396 shares changing hands.

iShares ESG Aware MSCI EM ETF Stock Down 2.8%

The company has a market capitalization of $6.25 billion, a PE ratio of 14.52 and a beta of 0.76. The firm has a 50-day moving average of $53.53 and a two-hundred day moving average of $51.29.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Large investors have recently modified their holdings of the business. First Bancorp Inc ME acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the 2nd quarter worth approximately $25,000. Root Financial Partners LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF during the 3rd quarter worth approximately $25,000. NBT Bank N A NY increased its holdings in iShares ESG Aware MSCI EM ETF by 1,654.5% in the 1st quarter. NBT Bank N A NY now owns 772 shares of the company’s stock valued at $35,000 after purchasing an additional 728 shares during the last quarter. Hollencrest Capital Management acquired a new stake in iShares ESG Aware MSCI EM ETF in the 1st quarter valued at approximately $39,000. Finally, GAMMA Investing LLC raised its position in iShares ESG Aware MSCI EM ETF by 485.5% in the second quarter. GAMMA Investing LLC now owns 931 shares of the company’s stock valued at $51,000 after purchasing an additional 772 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.