iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Hits New 12-Month High – Should You Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $63.74 and last traded at $63.74, with a volume of 6055 shares traded. The stock had previously closed at $62.89.

iShares ESG Advanced MSCI USA ETF Price Performance

The firm has a market cap of $1.35 billion, a PE ratio of 28.41 and a beta of 1.08. The business has a fifty day moving average price of $58.35 and a two-hundred day moving average price of $58.11.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently disclosed 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 yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Investors Weigh In On iShares ESG Advanced MSCI USA ETF

Hedge funds have recently bought and sold shares of the business. Thrivent Financial for Lutherans grew its stake in iShares ESG Advanced MSCI USA ETF by 698.5% in the third quarter. Thrivent Financial for Lutherans now owns 80,728 shares of the company’s stock valued at $4,627,000 after purchasing an additional 70,618 shares in the last quarter. Allworth Financial LP grew its stake in iShares ESG Advanced MSCI USA ETF by 3.2% in the third quarter. Allworth Financial LP now owns 292,208 shares of the company’s stock valued at $16,746,000 after purchasing an additional 9,131 shares in the last quarter. Ramiah Investment Group purchased a new position in iShares ESG Advanced MSCI USA ETF in the third quarter valued at about $1,444,000. Asempa Wealth Advisors purchased a new position in iShares ESG Advanced MSCI USA ETF in the fourth quarter valued at about $665,000. Finally, Sofi Wealth LLC grew its stake in iShares ESG Advanced MSCI USA ETF by 37.9% in the third quarter. Sofi Wealth LLC now owns 46,904 shares of the company’s stock valued at $2,688,000 after purchasing an additional 12,895 shares in the last quarter.

iShares ESG Advanced MSCI USA ETF Company Profile

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.