iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Reaches New 1-Year High – Here’s Why

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $69.89 and last traded at $69.89, with a volume of 4005 shares changing hands. The stock had previously closed at $69.23.

iShares ESG Advanced MSCI USA ETF Stock Performance

The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 28.41 and a beta of 1.09. The business has a fifty day simple moving average of $65.20 and a 200 day simple moving average of $60.38.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.1226 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.49 annualized dividend and a dividend yield of 0.7%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of hedge funds have recently bought and sold shares of USXF. LPL Financial LLC grew its position in shares of iShares ESG Advanced MSCI USA ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 897,925 shares of the company’s stock worth $51,703,000 after purchasing an additional 15,591 shares in the last quarter. Sei Investments Co. raised its position in shares of iShares ESG Advanced MSCI USA ETF by 5.5% in the first quarter. Sei Investments Co. now owns 876,093 shares of the company’s stock valued at $48,360,000 after buying an additional 45,550 shares in the last quarter. SigFig Wealth Management LLC boosted its stake in shares of iShares ESG Advanced MSCI USA ETF by 0.4% in the fourth quarter. SigFig Wealth Management LLC now owns 670,255 shares of the company’s stock valued at $38,593,000 after buying an additional 2,987 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares ESG Advanced MSCI USA ETF by 0.3% in the fourth quarter. JPMorgan Chase & Co. now owns 500,953 shares of the company’s stock valued at $28,845,000 after buying an additional 1,513 shares during the period. Finally, Orion Porfolio Solutions LLC grew its position in iShares ESG Advanced MSCI USA ETF by 751.0% during the second quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock worth $22,910,000 after buying an additional 355,630 shares in the last quarter.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.