iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Reaches New 52-Week High – Here’s Why

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $67.71 and last traded at $67.68, with a volume of 9245 shares. The stock had previously closed at $66.35.

iShares ESG Advanced MSCI USA ETF Stock Up 1.6%

The company has a market cap of $1.43 billion, a PE ratio of 28.41 and a beta of 1.08. The business’s fifty day moving average is $60.68 and its 200-day moving average is $58.92.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a $0.1244 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.7%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Western Wealth Management LLC purchased a new position in shares of iShares ESG Advanced MSCI USA ETF in the first quarter worth approximately $106,000. GTS Financial LLC purchased a new position in shares of iShares ESG Advanced MSCI USA ETF in the first quarter worth approximately $526,000. EverSource Wealth Advisors LLC boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 3.7% in the first quarter. EverSource Wealth Advisors LLC now owns 8,232 shares of the company’s stock worth $454,000 after buying an additional 290 shares during the last quarter. Gateway Wealth Partners LLC boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 218.4% in the first quarter. Gateway Wealth Partners LLC now owns 16,250 shares of the company’s stock worth $897,000 after buying an additional 11,147 shares during the last quarter. Finally, GC Wealth Management RIA LLC boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 8.8% in the first quarter. GC Wealth Management RIA LLC now owns 29,445 shares of the company’s stock worth $1,625,000 after buying an additional 2,392 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.