iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Sets New 12-Month High – Here’s Why

iShares ESG Select Screened S&P 500 ETF (BATS:XVV)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $57.20 and last traded at $57.20, with a volume of 4273 shares traded. The stock had previously closed at $56.73.

iShares ESG Select Screened S&P 500 ETF Stock Performance

The company has a market capitalization of $493.59 million, a price-to-earnings ratio of 25.63 and a beta of 1.04. The business’s 50-day simple moving average is $52.39 and its 200-day simple moving average is $52.54.

Institutional Trading of iShares ESG Select Screened S&P 500 ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Federation des caisses Desjardins du Quebec acquired a new position in shares of iShares ESG Select Screened S&P 500 ETF during the fourth quarter worth about $34,000. Smithfield Trust Co raised its position in iShares ESG Select Screened S&P 500 ETF by 50.8% in the 4th quarter. Smithfield Trust Co now owns 790 shares of the company’s stock valued at $42,000 after buying an additional 266 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in iShares ESG Select Screened S&P 500 ETF by 10,545.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,726 shares of the company’s stock valued at $177,000 after acquiring an additional 3,691 shares in the last quarter. Destination Wealth Management acquired a new position in iShares ESG Select Screened S&P 500 ETF during the 4th quarter worth approximately $202,000. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in iShares ESG Select Screened S&P 500 ETF during the first quarter worth $204,000.

About iShares ESG Select Screened S&P 500 ETF

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.