iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Reaches New 52-Week High – Here’s Why

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $67.71 and last traded at $67.68, with a volume of 9245 shares traded. The stock had previously closed at $66.35.

iShares ESG Advanced MSCI USA ETF Trading Up 1.6%

The company’s 50 day moving average is $60.68 and its 200-day moving average is $58.92. The company has a market capitalization of $1.43 billion, a P/E ratio of 28.41 and a beta of 1.08.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.1244 dividend. This represents a $0.50 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, March 17th.

Institutional Trading of iShares ESG Advanced MSCI USA ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Alpha Financial Advisors LLC increased its stake in iShares ESG Advanced MSCI USA ETF by 3.1% during the 4th quarter. Alpha Financial Advisors LLC now owns 6,006 shares of the company’s stock valued at $346,000 after purchasing an additional 179 shares in the last quarter. National Wealth Management Group LLC increased its stake in iShares ESG Advanced MSCI USA ETF by 1.1% during the 4th quarter. National Wealth Management Group LLC now owns 17,099 shares of the company’s stock valued at $985,000 after purchasing an additional 187 shares in the last quarter. CreativeOne Wealth LLC increased its stake in iShares ESG Advanced MSCI USA ETF by 1.9% during the 4th quarter. CreativeOne Wealth LLC now owns 10,197 shares of the company’s stock valued at $587,000 after purchasing an additional 195 shares in the last quarter. Penobscot Wealth Management increased its stake in iShares ESG Advanced MSCI USA ETF by 3.5% during the 4th quarter. Penobscot Wealth Management now owns 5,955 shares of the company’s stock valued at $343,000 after purchasing an additional 202 shares in the last quarter. Finally, Opes Wealth Management LLC increased its stake in iShares ESG Advanced MSCI USA ETF by 0.5% during the 3rd quarter. Opes Wealth Management LLC now owns 45,005 shares of the company’s stock valued at $2,579,000 after purchasing an additional 210 shares in the last quarter.

About iShares ESG Advanced MSCI USA ETF

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.