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

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) shares saw unusually-strong trading volume on Thursday . Approximately 4,092,788 shares changed hands during mid-day trading, an increase of 370% from the previous session’s volume of 871,261 shares.The stock last traded at $130.43 and had previously closed at $130.55.

iShares ESG Aware MSCI USA ETF Price Performance

The business’s 50-day moving average is $131.08 and its 200 day moving average is $125.83. The firm has a market capitalization of $13.38 billion, a P/E ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.408 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares ESG Aware MSCI USA ETF

A number of hedge funds have recently made changes to their positions in ESGU. MassMutual Private Wealth & Trust FSB acquired a new stake in iShares ESG Aware MSCI USA ETF during the fourth quarter worth approximately $120,000. UMB Bank n.a. boosted its holdings in iShares ESG Aware MSCI USA ETF by 24.8% during the 4th quarter. UMB Bank n.a. now owns 22,258 shares of the company’s stock worth $2,867,000 after acquiring an additional 4,428 shares during the last quarter. Client 1ST Advisory Group LLC purchased a new stake in iShares ESG Aware MSCI USA ETF in the 4th quarter valued at about $12,625,000. Clarius Group LLC lifted its holdings in iShares ESG Aware MSCI USA ETF by 1,458.7% during the fourth quarter. Clarius Group LLC now owns 160,932 shares of the company’s stock worth $20,731,000 after acquiring an additional 150,607 shares during the period. Finally, HF Advisory Group LLC boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 4.8% in the 4th quarter. HF Advisory Group LLC now owns 19,869 shares of the company’s stock worth $2,560,000 after buying an additional 911 shares during the last quarter.

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.