iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Hits New 12-Month High – Time to Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) reached a new 52-week high during trading on Thursday . The company traded as high as $164.55 and last traded at $164.29, with a volume of 85011 shares changing hands. The stock had previously closed at $163.70.

iShares ESG Aware MSCI USA ETF Stock Up 0.7%

The stock’s 50-day simple moving average is $152.16 and its 200 day simple moving average is $150.10. The company has a market cap of $17.42 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Elyxium Wealth LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the fourth quarter valued at about $25,000. Triumph Capital Management purchased a new stake in iShares ESG Aware MSCI USA ETF during the third quarter worth about $34,000. Caitlin John LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the third quarter worth about $36,000. United Financial Planning Group LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the third quarter worth about $39,000. Finally, Evolution Wealth Management Inc. increased its stake in iShares ESG Aware MSCI USA ETF by 64.9% during the fourth quarter. Evolution Wealth Management Inc. now owns 282 shares of the company’s stock worth $42,000 after purchasing an additional 111 shares during the period.

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.