ESG Investment Option iShares ESG Aware MSCI USA ETF Overlooked by Wall Street’s Top Analysts

April 11, 2023 – Bloomberg recently published a report keeping track of Wall Street’s top-rated and best-performing analysts and the stocks they are recommending to their clients. In this latest report, Bloomberg identified the top five stocks that analysts are quietly whispering to their clients to buy now before the broader market catches on. However, shockingly, iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was not among them.

ESGU is an exchange-traded fund launched on December 1, 2016 by BlackRock. It is based on the MSCI USA Extended ESG Focus index and tracks an index composed of US companies selected for their positive environmental, social and governance characteristics. Although ESGU currently holds a “hold” rating among analysts, it still remains a very compelling investment option for socially responsible investors.

Concord Wealth Partners recently disclosed that it sold off about 44% of its holdings in iShares ESG Aware MSCI USA ETF during the fourth quarter of last year. The firm reported owning 2,054 shares of the company’s stock after selling off 1,611 shares during the period. According to SEC filings, Concord Wealth Partners’ holdings in iShares ESG Aware MSCI USA ETF were worth $174,000 at the end of the most recent quarter.

While this news may have startled some investors at first glance, it is important to note that wealth management firms such as Concord Wealth Partners alter their portfolios frequently according to evolving market trends and economic conditions. Therefore it is not uncommon for them to sell off some static investments occasionally.

Regardless of its rating among analysts or fluctuations by wealth management firms such as Concord Wealth Partners, iShares ESG Aware MSCI USA ETF remains an innovative investment option aligned with values-oriented investing strategies driven by environmental sustainability and societal responsibility. As socially conscious investing continues to gather momentum amid global concerns over climate change and sustainability issues, investors can embrace iShares ESG Aware MSCI USA ETF with confidence.

ESG Investment: A Growing Trend in the Stock Market.

April 11, 2023 – The stock market has been experiencing considerable shifts and nuances challenging the investor’s decision-making process. One such shift is the growing focus on ESG – Environmental, Social, and Governance criteria for selecting businesses to invest in. According to recent data, many hedge funds and institutional investors have added shares of the iShares ESG Aware MSCI USA ETF (ESGU) to their portfolio.

Rice Partnership LLC is one such firm that acquired a new position in ESGU last quarter, worth approximately $29,000. Family Asset Management LLC also purchased a new stake in the iShares ESG Aware MSCI USA ETF last quarter valued at $32,000. Similarly, Fiduciary Alliance LLC bought a new position worth $34,000 during the same period. Iron Horse Wealth Management LLC also invested in shares of ESGU during the fourth quarter valued at $36,000.

Finally, Mach 1 Financial Group LLC came through by acquiring a new stake during Q3 of 2022 valued at $42,000 in iShares ESG Aware MSCI USA ETF. The growing number of investors betting on this stock has led to an increase in its demand and earnings over time. As a result, ESGU opened at $90.22 on Tuesday with continuous positive growth across multiple fiscal quarters.

Despite its success and growth rate thus far, top-rated analysts opine these five stocks are more lucrative than ESGU as things currently stand. Nonetheless, iShares ESG Aware MSCI USA ETF continues to attract investors with its market capitalization of $14.17 billion and a PE ratio of 18.83 since it meets certain environmental sustainability criteria based upon company policies and governmental regulations – an ideal fit for today’s conscious-driven consumers.

Therefore the choice between which stocks to pick ought to be determined by weighing up specific environmental parameters or long-term payout potentials that different companies already indicate, against their ESG score. It is vital to approach investment decisions from multiple angles and carefully consider past stress tests while also being vigilant about future development indicators, particularly in this era of shifting norms and legislative compulsions.