As the stock market continues to be a hot topic of discussion, investment firms and their clients are constantly seeking ways to remain ahead of the curve. One such firm, Fiera Capital Corp, recently made a strategic move by buying a new position in shares of iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) during the fourth quarter.
According to its most recent 13F filing with the Securities and Exchange Commission (SEC), Fiera Capital Corp acquired 15,444 shares of USXF valued at approximately $474,000. While this may seem like a small percentage, it is worth noting that the firm now owns about 0.08% of the iShares ESG Advanced MSCI USA ETF.
The iShares ESG Advanced MSCI USA ETF tracks an index of large- and mid-cap US equities that have been screened for positive environmental, social, and governance ratings while also screening for involvement in controversial activities. The fund is based on the MSCI USA Choice ESG Screened index and has gained popularity among investors seeking socially responsible investments.
Despite this promising development for USXF, Bloomberg has identified five other stocks that top-rated analysts are quietly whispering to their clients as better buys. While analysts currently rate USXF as a “hold,” it remains to be seen if the fund will make its way onto this list of top picks.
As always, investing in the stock market involves risk and careful consideration should be taken when making investment decisions. However, Fiera Capital Corp’s acquisition of USXF may signify a growing demand for socially responsible investments and could potentially lead to increased interest in similar funds in the future. Only time will tell how successful this strategic move will prove to be for Fiera Capital Corp and their clients alike.
Institutional Investors Show Strong Interest in iShares ESG Advanced MSCI USA ETF, Indicating Possible Future Growth Opportunities
Institutional investors have been making waves with their recent investments in iShares ESG Advanced MSCI USA ETF. Orion Portfolio Solutions LLC, for example, has boosted its holdings in the company by 12.9% during the third quarter, acquiring 2,033 shares worth $498,000. Meanwhile, Park Avenue Securities LLC increased its stake by 6.2%, purchasing 24,508 shares valued at $11,683,000. Gould Asset Management LLC CA also entered into the fray, purchasing a new stake in iShares ESG Advanced MSCI USA ETF worth $223,000.
Equitable Holdings Inc. and Walkner Condon Financial Advisors LLC completed an impressive list of investors who bought or boosted their shares recently. The former increased its stake by 1.4%, acquiring an additional 802 shares at $1,601,000 while the latter raised its holdings in the company by 14%, purchasing another 10,747 shares totaling at $2,688,000.
The company’s current stock price sits at $32.99 per share after opening on Friday on the NASDAQ:USXF exchange market. Its one-year low is $27 and its one-year high is $34.25 – indicating stability in terms of stock performances over time.
With a simple moving average of $32.90 and a 200-day simple moving average of $32.60 as well as a sizable market capitalization of around $659.73 million and a beta rating of 1.03; factors that will pique investors’ interest.
Despite currently having only a ‘hold’ rating among industry analysts – it is important to note that top-rated analysts have identified these five stocks as better-performing investments: Amazon.com Inc., Alphabet Inc., Microsoft Corp., Tesla Inc., and Facebook Inc.
In conclusion; savvy institutional investors are taking notice and investing heavily in iShares ESG Advanced MSCI USA ETF. Retail investors should watch out as the company continues its bullish take on current and future stocks. The strong ratings prove the reason why this stock represents a solid selection for inclusion in any responsible investment portfolio.
