iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sets New 52-Week High – Time to Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $59.94 and last traded at $59.94, with a volume of 1735 shares trading hands. The stock had previously closed at $58.71.

iShares ESG Advanced MSCI USA ETF Stock Performance

The stock has a fifty day simple moving average of $57.34 and a two-hundred day simple moving average of $57.67. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 28.41 and a beta of 1.06.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.1244 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.50 annualized dividend and a dividend yield of 0.8%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. increased its stake in shares of iShares ESG Advanced MSCI USA ETF by 20.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,759 shares of the company’s stock valued at $216,000 after purchasing an additional 644 shares during the last quarter. World Investment Advisors increased its stake in shares of iShares ESG Advanced MSCI USA ETF by 9.2% in the 4th quarter. World Investment Advisors now owns 14,268 shares of the company’s stock valued at $822,000 after purchasing an additional 1,197 shares during the last quarter. Corient Private Wealth LLC bought a new position in shares of iShares ESG Advanced MSCI USA ETF in the 4th quarter valued at $209,000. Financially in Tune LLC bought a new position in shares of iShares ESG Advanced MSCI USA ETF in the 4th quarter valued at $334,000. Finally, Axxcess Wealth Management LLC increased its stake in shares of iShares ESG Advanced MSCI USA ETF by 10.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 4,929 shares of the company’s stock valued at $284,000 after purchasing an additional 448 shares during 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.