iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Shares Down 1.9% – Time to Sell?

iShares ESG Select Screened S&P 500 ETF (BATS:XVV) fell 1.9% during trading on Friday . The company traded as low as $47.87 and last traded at $47.99. 48,729 shares were traded during mid-day trading, an increase of 47% from the average session volume of 33,224 shares. The stock had previously closed at $48.90.

iShares ESG Select Screened S&P 500 ETF Price Performance

The stock has a market cap of $419.91 million, a price-to-earnings ratio of 25.63 and a beta of 1.04. The firm has a 50 day simple moving average of $51.80 and a two-hundred day simple moving average of $52.06.

Institutional Trading of iShares ESG Select Screened S&P 500 ETF

Hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC bought a new position in iShares ESG Select Screened S&P 500 ETF during the 1st quarter worth approximately $454,000. Jane Street Group LLC increased its stake in iShares ESG Select Screened S&P 500 ETF by 325.4% in the first quarter. Jane Street Group LLC now owns 20,533 shares of the company’s stock valued at $878,000 after purchasing an additional 15,706 shares in the last quarter. Focus Partners Wealth raised its holdings in iShares ESG Select Screened S&P 500 ETF by 137.1% in the first quarter. Focus Partners Wealth now owns 34,266 shares of the company’s stock worth $1,466,000 after purchasing an additional 19,813 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares ESG Select Screened S&P 500 ETF by 177.0% during the second quarter. JPMorgan Chase & Co. now owns 25,014 shares of the company’s stock worth $1,193,000 after purchasing an additional 15,983 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of iShares ESG Select Screened S&P 500 ETF during the second quarter worth $269,000.

About iShares ESG Select Screened S&P 500 ETF

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.