iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Reaches New 52-Week High – Still a Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $164.55 and last traded at $164.29, with a volume of 85011 shares trading hands. The stock had previously closed at $163.70.

iShares ESG Aware MSCI USA ETF Stock Performance

The firm’s 50 day simple moving average is $152.99 and its 200-day simple moving average is $150.33. The company has a market cap of $17.46 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.3698 per share. This represents a $1.48 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in ESGU. Chicago Partners Investment Group LLC raised its holdings in iShares ESG Aware MSCI USA ETF by 0.6% in the 1st quarter. Chicago Partners Investment Group LLC now owns 11,324 shares of the company’s stock valued at $1,753,000 after acquiring an additional 64 shares in the last quarter. Strategic Point Investment Advisors LLC raised its holdings in iShares ESG Aware MSCI USA ETF by 0.5% in the 3rd quarter. Strategic Point Investment Advisors LLC now owns 12,840 shares of the company’s stock valued at $1,870,000 after acquiring an additional 70 shares in the last quarter. Centerpoint Advisors LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 20.4% in the 3rd quarter. Centerpoint Advisors LLC now owns 437 shares of the company’s stock worth $64,000 after buying an additional 74 shares in the last quarter. Investors Research Corp raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 5.6% in the 4th quarter. Investors Research Corp now owns 1,418 shares of the company’s stock worth $211,000 after buying an additional 75 shares in the last quarter. Finally, Axis Wealth Partners LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 1.0% in the 1st quarter. Axis Wealth Partners LLC now owns 7,907 shares of the company’s stock worth $1,118,000 after buying an additional 76 shares in the last quarter.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.