iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Strong Trading Volume – Time to Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) shares saw an uptick in trading volume on Thursday . 802,138 shares were traded during 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 Down 1.6 %

The firm has a market capitalization of $13.73 billion, a PE ratio of 25.85 and a beta of 1.02. The firm has a 50-day moving average of $131.39 and a two-hundred day moving average of $128.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently disclosed 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 was Tuesday, December 17th.

Institutional Trading of iShares ESG Aware MSCI USA ETF

A number of institutional investors have recently modified their holdings of ESGU. Armis Advisers LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the fourth quarter worth approximately $255,000. Forum Financial Management LP acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the 4th quarter valued at $324,000. Drucker Wealth 3.0 LLC boosted its position in iShares ESG Aware MSCI USA ETF by 7.3% during the 4th quarter. Drucker Wealth 3.0 LLC now owns 2,237 shares of the company’s stock worth $288,000 after purchasing an additional 153 shares during the period. Nepc LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the 4th quarter worth $1,116,000. Finally, Focus Partners Advisor Solutions LLC increased its holdings in iShares ESG Aware MSCI USA ETF by 27.5% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 10,893 shares of the company’s stock valued at $1,403,000 after purchasing an additional 2,347 shares in 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.