iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Hits New 12-Month High – Here’s Why

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s stock price hit a new 52-week high on Monday . The company traded as high as $63.64 and last traded at $63.63, with a volume of 42514 shares traded. The stock had previously closed at $63.35.

iShares ESG Advanced MSCI USA ETF Price Performance

The stock has a market cap of $1.32 billion, a P/E ratio of 28.41 and a beta of 1.06. The stock’s 50-day moving average is $58.27 and its two-hundred day moving average is $58.06.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

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

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Several institutional investors have recently added to or reduced their stakes in USXF. Smartleaf Asset Management LLC purchased a new position in iShares ESG Advanced MSCI USA ETF during the 2nd quarter valued at approximately $26,000. Investors Research Corp grew its holdings in iShares ESG Advanced MSCI USA ETF by 82.4% during the 4th quarter. Investors Research Corp now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 248 shares in the last quarter. NBT Bank N A NY grew its holdings in iShares ESG Advanced MSCI USA ETF by 1,041.4% during the 1st quarter. NBT Bank N A NY now owns 662 shares of the company’s stock valued at $37,000 after buying an additional 604 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its holdings in iShares ESG Advanced MSCI USA ETF by 107.5% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 689 shares of the company’s stock valued at $39,000 after buying an additional 357 shares in the last quarter. Finally, Triumph Capital Management purchased a new position in iShares ESG Advanced MSCI USA ETF during the 3rd quarter valued at approximately $46,000.

iShares ESG Advanced MSCI USA ETF Company Profile

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.