iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Large Volume Increase – Should You Buy?

Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw strong trading volume on Thursday . 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 company’s fifty day simple moving average is $131.08 and its 200 day simple moving average is $125.83. The firm has a market capitalization of $13.38 billion, a PE ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB bought a new position in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter worth $120,000. UMB Bank n.a. increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 24.8% in the fourth quarter. UMB Bank n.a. now owns 22,258 shares of the company’s stock worth $2,867,000 after buying an additional 4,428 shares during the period. Client 1ST Advisory Group LLC bought a new stake in iShares ESG Aware MSCI USA ETF in the fourth quarter valued at approximately $12,625,000. Clarius Group LLC raised its holdings in iShares ESG Aware MSCI USA ETF by 1,458.7% during the 4th quarter. Clarius Group LLC now owns 160,932 shares of the company’s stock valued at $20,731,000 after buying an additional 150,607 shares during the last quarter. Finally, HF Advisory Group LLC raised its stake in shares of iShares ESG Aware MSCI USA ETF by 4.8% during the fourth quarter. HF Advisory Group LLC now owns 19,869 shares of the company’s stock valued at $2,560,000 after acquiring an additional 911 shares during the last quarter.

About iShares ESG Aware MSCI USA ETF

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.