iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sets New 52-Week High – Should You Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $70.00 and last traded at $70.00, with a volume of 251 shares traded. The stock had previously closed at $69.09.

iShares ESG Advanced MSCI USA ETF Trading Up 0.8%

The firm has a 50 day moving average of $67.47 and a 200-day moving average of $62.47. The company has a market cap of $1.49 billion, a P/E ratio of 28.41 and a beta of 1.08.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.1226 per share. This represents a $0.49 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares ESG Advanced MSCI USA ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC purchased a new position in iShares ESG Advanced MSCI USA ETF during the second quarter valued at $26,000. NBT Bank N A NY lifted its stake in iShares ESG Advanced MSCI USA ETF by 1,041.4% in the 1st quarter. NBT Bank N A NY now owns 662 shares of the company’s stock worth $37,000 after purchasing an additional 604 shares in the last quarter. Triumph Capital Management purchased a new stake in iShares ESG Advanced MSCI USA ETF in the 3rd quarter worth $46,000. Birchbrook Inc. boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 128.7% during the 4th quarter. Birchbrook Inc. now owns 814 shares of the company’s stock valued at $47,000 after purchasing an additional 458 shares during the last quarter. Finally, Dunhill Financial LLC purchased a new position in shares of iShares ESG Advanced MSCI USA ETF during the fourth quarter valued at about $52,000.

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.