iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Shares Up 0% – Here’s Why

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV)’s stock price shot up 0% during mid-day trading on Thursday . The company traded as high as $29.77 and last traded at $29.7118. 82 shares changed hands during trading, a decline of 82% from the average session volume of 464 shares. The stock had previously closed at $29.71.

iShares ESG MSCI USA Min Vol Factor ETF Trading Up 1.0%

The business has a 50 day moving average of $28.90 and a 200-day moving average of $29.00. The stock has a market cap of $7.52 million, a PE ratio of 23.32 and a beta of 0.72.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.1178 per share. This represents a $0.47 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, March 17th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares ESG MSCI USA Min Vol Factor ETF stock. Citadel Advisors LLC increased its position in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) by 42.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,069 shares of the company’s stock after buying an additional 3,305 shares during the quarter. Citadel Advisors LLC owned about 4.43% of iShares ESG MSCI USA Min Vol Factor ETF worth $323,000 as of its most recent SEC filing.

iShares ESG MSCI USA Min Vol Factor ETF Company Profile

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.