iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Strong Trading Volume – Time to Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw strong trading volume on Thursday . 802,138 shares changed hands during trading, an increase of 29% from the previous session’s volume of 620,048 shares.The stock last traded at $130.16 and had previously closed at $130.05.

iShares ESG Aware MSCI USA ETF Stock Performance

The business’s fifty day simple moving average is $131.39 and its 200 day simple moving average is $128.46. The stock has a market cap of $13.73 billion, a price-to-earnings ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.408 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

A number of hedge funds have recently bought and sold shares of ESGU. JPMorgan Chase & Co. grew its position in shares of iShares ESG Aware MSCI USA ETF by 8.5% during the fourth quarter. JPMorgan Chase & Co. now owns 11,904,019 shares of the company’s stock worth $1,533,476,000 after buying an additional 930,784 shares in the last quarter. Northern Trust Corp grew its holdings in iShares ESG Aware MSCI USA ETF by 31.8% during the 4th quarter. Northern Trust Corp now owns 6,591,007 shares of the company’s stock worth $849,054,000 after acquiring an additional 1,589,941 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares ESG Aware MSCI USA ETF by 1.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,988,225 shares of the company’s stock worth $384,943,000 after acquiring an additional 43,972 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares ESG Aware MSCI USA ETF by 16.5% in the 4th quarter. LPL Financial LLC now owns 1,688,041 shares of the company’s stock worth $217,453,000 after purchasing an additional 239,232 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of iShares ESG Aware MSCI USA ETF by 44.0% in the 4th quarter. BNP Paribas Financial Markets now owns 859,394 shares of the company’s stock valued at $110,707,000 after purchasing an additional 262,391 shares in 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.