Sequoia Financial Advisors LLC Cuts Stock Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Sequoia Financial Advisors LLC cut its stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 5.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 11,583 shares of the company’s stock after selling 644 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares ESG Aware MSCI USA ETF were worth $1,492,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ESGU. JPMorgan Chase & Co. lifted its stake in iShares ESG Aware MSCI USA ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,973,235 shares of the company’s stock valued at $1,384,603,000 after buying an additional 249,351 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter valued at approximately $26,200,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter valued at approximately $22,141,000. Clarius Group LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 1,458.7% in the fourth quarter. Clarius Group LLC now owns 160,932 shares of the company’s stock worth $20,731,000 after acquiring an additional 150,607 shares during the last quarter. Finally, Client 1ST Advisory Group LLC purchased a new stake in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter worth approximately $12,625,000.

iShares ESG Aware MSCI USA ETF Stock Performance

NASDAQ ESGU opened at $122.83 on Friday. iShares ESG Aware MSCI USA ETF has a one year low of $108.40 and a one year high of $134.50. The business has a fifty day moving average price of $130.10 and a 200 day moving average price of $128.73. The company has a market cap of $13.18 billion, a P/E ratio of 27.09 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. Stockholders of record on Tuesday, December 17th were paid a $0.408 dividend. The ex-dividend date was Tuesday, December 17th.

iShares ESG Aware MSCI USA ETF Company Profile

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.