iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Reaches New 52-Week High – What’s Next?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $50.99 and last traded at $50.87, with a volume of 1189237 shares traded. The stock had previously closed at $50.45.

iShares ESG Aware MSCI EM ETF Stock Up 0.8%

The firm’s 50-day simple moving average is $46.99 and its 200-day simple moving average is $44.47. The firm has a market capitalization of $6.67 billion, a PE ratio of 14.52 and a beta of 0.66.

iShares ESG Aware MSCI EM ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.7318 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 342.0%.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

A number of large investors have recently bought and sold shares of ESGE. eCIO Inc. boosted its position in iShares ESG Aware MSCI EM ETF by 76.5% during the 2nd quarter. eCIO Inc. now owns 14,991 shares of the company’s stock valued at $587,000 after buying an additional 6,498 shares during the period. MainStreet Investment Advisors LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 10.3% during the second quarter. MainStreet Investment Advisors LLC now owns 20,697 shares of the company’s stock valued at $811,000 after acquiring an additional 1,935 shares during the last quarter. Acorns Advisers LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 4.0% during the second quarter. Acorns Advisers LLC now owns 1,239,058 shares of the company’s stock valued at $48,534,000 after acquiring an additional 48,167 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares ESG Aware MSCI EM ETF by 18.5% during the second quarter. GPS Wealth Strategies Group LLC now owns 7,483 shares of the company’s stock worth $293,000 after purchasing an additional 1,170 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 26.3% in the third quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock worth $102,658,000 after purchasing an additional 493,011 shares during the last quarter.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.