iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Reaches New 52-Week High – Here’s Why

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s share price hit 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 1421 shares. The stock had previously closed at $69.00.

iShares ESG Advanced MSCI USA ETF Stock Performance

The company has a 50 day simple moving average of $67.59 and a two-hundred day simple moving average of $62.84. The company has a market cap of $1.49 billion, a PE ratio of 28.41 and a beta of 1.09.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in shares of iShares ESG Advanced MSCI USA ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 897,925 shares of the company’s stock valued at $51,703,000 after acquiring an additional 15,591 shares in the last quarter. Sei Investments Co. raised its holdings in shares of iShares ESG Advanced MSCI USA ETF by 5.5% during the first quarter. Sei Investments Co. now owns 876,093 shares of the company’s stock worth $48,360,000 after acquiring an additional 45,550 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares ESG Advanced MSCI USA ETF by 0.3% during the fourth quarter. JPMorgan Chase & Co. now owns 500,953 shares of the company’s stock valued at $28,845,000 after purchasing an additional 1,513 shares during the last quarter. Orion Porfolio Solutions LLC boosted its position in iShares ESG Advanced MSCI USA ETF by 751.0% during the second quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock valued at $22,910,000 after purchasing an additional 355,630 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its position in iShares ESG Advanced MSCI USA ETF by 8.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 390,978 shares of the company’s stock valued at $22,513,000 after purchasing an additional 29,066 shares during 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.