iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Unusually-High Trading Volume – Here’s What Happened

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw strong trading volume on Thursday . 802,138 shares changed hands during mid-day trading, an increase of 29% from the previous session’s volume of 620,048 shares.The stock last traded at $130.16 and had previously closed at $130.05.

iShares ESG Aware MSCI USA ETF Trading Up 1.5 %

The firm has a market capitalization of $13.94 billion, a PE ratio of 25.85 and a beta of 1.02. The company has a fifty day moving average price of $131.38 and a two-hundred day moving average price of $128.54.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.408 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares ESG Aware MSCI USA ETF

Several institutional investors and hedge funds have recently made changes to their positions in ESGU. Compass Financial Services Inc purchased a new stake in iShares ESG Aware MSCI USA ETF during the 4th quarter valued at approximately $34,000. Centerpoint Advisors LLC raised its stake in iShares ESG Aware MSCI USA ETF by 42.2% during the 4th quarter. Centerpoint Advisors LLC now owns 266 shares of the company’s stock valued at $34,000 after acquiring an additional 79 shares during the last quarter. Mainstream Capital Management LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the 4th quarter valued at approximately $35,000. C M Bidwell & Associates Ltd. purchased a new stake in iShares ESG Aware MSCI USA ETF during the 4th quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. purchased a new stake in iShares ESG Aware MSCI USA ETF during the 3rd quarter valued at approximately $47,000.

iShares ESG Aware MSCI USA ETF Company Profile

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.