iShares ESG Select Screened S&P Mid-Cap ETF (BATS:XJH) Trading Up 4.6% – Here’s Why

iShares ESG Select Screened S&P Mid-Cap ETF (BATS:XJH) shares shot up 4.6% during trading on Tuesday . The stock traded as high as $43.1663 and last traded at $45.08. 56,302 shares changed hands during mid-day trading, an increase of 167% from the average session volume of 21,103 shares. The stock had previously closed at $43.1033.

iShares ESG Select Screened S&P Mid-Cap ETF Stock Performance

The company has a 50-day simple moving average of $44.26 and a two-hundred day simple moving average of $43.39. The firm has a market capitalization of $306.54 million, a P/E ratio of 18.64 and a beta of 1.11.

Institutional Investors Weigh In On iShares ESG Select Screened S&P Mid-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in iShares ESG Select Screened S&P Mid-Cap ETF by 266.7% in the second quarter. JPMorgan Chase & Co. now owns 594 shares of the company’s stock worth $25,000 after purchasing an additional 432 shares in the last quarter. First United Bank & Trust grew its position in shares of iShares ESG Select Screened S&P Mid-Cap ETF by 12.7% in the 3rd quarter. First United Bank & Trust now owns 6,680 shares of the company’s stock worth $293,000 after buying an additional 755 shares during the period. WFA of San Diego LLC bought a new position in shares of iShares ESG Select Screened S&P Mid-Cap ETF in the 2nd quarter worth about $33,000. Hanson & Doremus Investment Management increased its stake in shares of iShares ESG Select Screened S&P Mid-Cap ETF by 71.0% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,912 shares of the company’s stock worth $84,000 after acquiring an additional 794 shares in the last quarter. Finally, Cary Street Partners Financial LLC lifted its position in iShares ESG Select Screened S&P Mid-Cap ETF by 1.2% during the 2nd quarter. Cary Street Partners Financial LLC now owns 75,097 shares of the company’s stock valued at $3,117,000 after acquiring an additional 903 shares during the period.

iShares ESG Select Screened S&P Mid-Cap ETF Company Profile

The iShares ESG Screened S&P Mid-Cap ETF (XJH) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market-cap weighted index of US mid-caps screened for sustainability and excluding those with exposure to certain controversial business activities. XJH was launched on Sep 22, 2020 and is managed by BlackRock.