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

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $70.00 and last traded at $70.00, with a volume of 251 shares traded. The stock had previously closed at $69.09.

iShares ESG Advanced MSCI USA ETF Stock Up 0.8%

The company has a market capitalization of $1.49 billion, a P/E ratio of 28.41 and a beta of 1.08. The business has a 50 day moving average of $67.47 and a 200 day moving average of $62.47.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.1226 per share. This represents a $0.49 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Investors Research Corp increased its position in iShares ESG Advanced MSCI USA ETF by 18.6% in the second quarter. Investors Research Corp now owns 995 shares of the company’s stock worth $69,000 after purchasing an additional 156 shares during the last quarter. Insight Wealth Strategies LLC purchased a new stake in iShares ESG Advanced MSCI USA ETF during the second quarter valued at $213,000. Accel Wealth Management bought a new position in iShares ESG Advanced MSCI USA ETF during the second quarter valued at $201,000. Highland Financial Advisors LLC grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 60.7% in the 2nd quarter. Highland Financial Advisors LLC now owns 77,452 shares of the company’s stock worth $5,379,000 after buying an additional 29,248 shares in the last quarter. Finally, Focus Financial Network Inc. grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 46.2% in the 2nd quarter. Focus Financial Network Inc. now owns 5,757 shares of the company’s stock worth $400,000 after buying an additional 1,820 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.