iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML) Sets New 12-Month High – Still a Buy?

iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $51.99 and last traded at $51.90, with a volume of 39751 shares changing hands. The stock had previously closed at $51.35.

iShares ESG Aware MSCI USA Small-Cap ETF Stock Down 1.2%

The company has a market capitalization of $2.32 billion, a PE ratio of 17.85 and a beta of 1.08. The stock’s fifty day simple moving average is $48.95 and its 200-day simple moving average is $47.75.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Crestwood Advisors Group LLC increased its holdings in iShares ESG Aware MSCI USA Small-Cap ETF by 0.4% in the fourth quarter. Crestwood Advisors Group LLC now owns 60,721 shares of the company’s stock valued at $2,792,000 after buying an additional 236 shares in the last quarter. Ameriflex Group Inc. increased its holdings in iShares ESG Aware MSCI USA Small-Cap ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 602 shares of the company’s stock valued at $27,000 after buying an additional 301 shares in the last quarter. ST Germain D J Co. Inc. increased its holdings in iShares ESG Aware MSCI USA Small-Cap ETF by 5.0% in the fourth quarter. ST Germain D J Co. Inc. now owns 6,834 shares of the company’s stock valued at $314,000 after buying an additional 323 shares in the last quarter. Western Wealth Management LLC increased its holdings in iShares ESG Aware MSCI USA Small-Cap ETF by 4.5% in the fourth quarter. Western Wealth Management LLC now owns 7,915 shares of the company’s stock valued at $364,000 after buying an additional 341 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in iShares ESG Aware MSCI USA Small-Cap ETF by 1.9% in the third quarter. Parallel Advisors LLC now owns 21,763 shares of the company’s stock valued at $981,000 after buying an additional 400 shares in the last quarter.

About iShares ESG Aware MSCI USA Small-Cap ETF

The iShares ESG Aware MSCI USA Small-Cap ETF (ESML) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap companies with high environmental, social, and governance factor scores as determined by MSCI. ESML was launched on Apr 10, 2018 and is managed by BlackRock.