iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Reaches New 1-Year High – Here’s What Happened

Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) hit a new 52-week high on Friday . The company traded as high as $163.17 and last traded at $162.73, with a volume of 49400 shares trading hands. The stock had previously closed at $161.91.

iShares ESG Aware MSCI USA ETF Price Performance

The business has a 50 day simple moving average of $150.72 and a 200 day simple moving average of $149.68. The stock has a market cap of $17.22 billion, a PE ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.3698 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $1.48 dividend on an annualized basis and a yield of 0.9%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ESGU. Brighton Jones LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the fourth quarter valued at about $419,000. AQR Capital Management LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the first quarter valued at about $824,000. Jane Street Group LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the first quarter valued at about $5,173,000. First Trust Advisors LP grew its stake in iShares ESG Aware MSCI USA ETF by 15.5% in the second quarter. First Trust Advisors LP now owns 6,463 shares of the company’s stock valued at $874,000 after purchasing an additional 866 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of iShares ESG Aware MSCI USA ETF by 2.0% in the second quarter. Baird Financial Group Inc. now owns 12,861 shares of the company’s stock worth $1,740,000 after buying an additional 258 shares during the last quarter.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.