iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sets New 52-Week High – Should You Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) reached a new 52-week high during trading on Monday . The company traded as high as $151.77 and last traded at $151.6610, with a volume of 243381 shares traded. The stock had previously closed at $151.44.

iShares ESG Aware MSCI USA ETF Price Performance

The stock has a market capitalization of $15.84 billion, a P/E ratio of 25.34 and a beta of 1.03. The stock’s fifty day moving average is $148.77 and its two-hundred day moving average is $144.20.

iShares ESG Aware MSCI USA ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.4554 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.37.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Triumph Capital Management acquired a new stake in iShares ESG Aware MSCI USA ETF during the 3rd quarter worth about $34,000. Caitlin John LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the third quarter worth approximately $36,000. Rothschild Investment LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 63.0% during the second quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock valued at $36,000 after acquiring an additional 104 shares during the period. United Financial Planning Group LLC purchased a new stake in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter valued at approximately $39,000. Finally, Ameriflex Group Inc. lifted its position in shares of iShares ESG Aware MSCI USA ETF by 35.1% in the 2nd quarter. Ameriflex Group Inc. now owns 335 shares of the company’s stock valued at $45,000 after acquiring an additional 87 shares in the last quarter.

About iShares ESG Aware MSCI USA ETF

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.