iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Unusually-High Trading Volume Following Dividend Announcement

Shares of iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw an uptick in trading volume on Tuesday following a dividend announcement from the company. 46,012 shares were traded during mid-day trading, a decline of 38% from the previous session’s volume of 74,154 shares.The stock last traded at $50.97 and had previously closed at $51.66.

The newly announced dividend which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th will be paid a $0.1691 dividend. The ex-dividend date is Tuesday, December 17th. This is a boost from iShares ESG Advanced MSCI USA ETF’s previous dividend of $0.13.

iShares ESG Advanced MSCI USA ETF Stock Down 3.1 %

The company’s 50-day simple moving average is $51.17 and its 200 day simple moving average is $48.59. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 30.78 and a beta of 1.03.

Institutional Trading of iShares ESG Advanced MSCI USA ETF

A number of institutional investors and hedge funds have recently modified their holdings of USXF. Envestnet Asset Management Inc. increased its position in iShares ESG Advanced MSCI USA ETF by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,529,536 shares of the company’s stock worth $210,986,000 after buying an additional 33,642 shares during the period. SigFig Wealth Management LLC increased its position in iShares ESG Advanced MSCI USA ETF by 8.4% during the second quarter. SigFig Wealth Management LLC now owns 604,534 shares of the company’s stock worth $28,159,000 after acquiring an additional 46,773 shares during the period. Sei Investments Co. raised its stake in iShares ESG Advanced MSCI USA ETF by 133.6% during the 2nd quarter. Sei Investments Co. now owns 398,850 shares of the company’s stock valued at $18,578,000 after purchasing an additional 228,107 shares during the last quarter. Mackenzie Financial Corp raised its stake in iShares ESG Advanced MSCI USA ETF by 6.2% during the 2nd quarter. Mackenzie Financial Corp now owns 356,074 shares of the company’s stock valued at $16,586,000 after purchasing an additional 20,934 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in iShares ESG Advanced MSCI USA ETF by 1.7% in the 3rd quarter. Allworth Financial LP now owns 298,169 shares of the company’s stock valued at $14,634,000 after purchasing an additional 5,117 shares during the period.

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.