iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) Trading Up 2.6% – Should You Buy?

Shares of iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) rose 2.6% during mid-day trading on Monday . The stock traded as high as $57.44 and last traded at $57.42. 4,649 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 3,858 shares. The stock had previously closed at $55.94.

iShares ESG Aware MSCI USA Growth ETF Stock Performance

The firm’s 50-day simple moving average is $56.83 and its 200 day simple moving average is $53.05. The stock has a market capitalization of $32.16 million, a P/E ratio of 36.55 and a beta of 1.19.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares ESG Aware MSCI USA Growth ETF stock. Ascentis Independent Advisors purchased a new position in shares of iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,338 shares of the company’s stock, valued at approximately $64,000. Ascentis Independent Advisors owned about 0.24% of iShares ESG Aware MSCI USA Growth ETF as of its most recent SEC filing.

iShares ESG Aware MSCI USA Growth ETF Company Profile

The iShares ESG Aware MSCI USA Growth ETF (EGUS) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund is a passively managed fund that tracks an index of US growth stocks with certain environmental, social, and governance criteria. The fund aims to maximizes its ESG exposure. EGUS was launched on Jan 31, 2023 and is managed by BlackRock.