iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Trading Down 0.6%

Posted by Alanna Baker on Jul 26th, 2024

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV – Get Free Report)’s share price were down 0.6% during mid-day trading on Wednesday . The company traded as low as $26.81 and last traded at $26.81. Approximately 114 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 6,102 shares. The stock had previously closed at $26.99.

iShares ESG MSCI USA Min Vol Factor ETF Stock Up 1.1 %

The business’s 50-day moving average price is $26.52 and its 200 day moving average price is $26.08. The company has a market capitalization of $12.22 million, a P/E ratio of 26.85 and a beta of 0.80.

iShares ESG MSCI USA Min Vol Factor ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.1007 dividend. This represents a $0.40 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares ESG MSCI USA Min Vol Factor ETF stock. Guardian Capital LP raised its holdings in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV – Free Report) by 10.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,678 shares of the company’s stock after buying an additional 3,698 shares during the quarter. Guardian Capital LP owned about 9.67% of iShares ESG MSCI USA Min Vol Factor ETF worth $968,000 as of its most recent filing with the Securities & Exchange Commission.

About iShares ESG MSCI USA Min Vol Factor ETF

(Get Free Report)

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.