iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU – Get Free Report) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 916,500 shares, a growth of 38.3% from the October 31st total of 662,900 shares. Based on an average daily volume of 630,800 shares, the short-interest ratio is presently 1.5 days.
iShares ESG Aware MSCI USA ETF Stock Up 0.7 %
NASDAQ:ESGU traded up $0.70 during trading hours on Friday, reaching $101.19. 678,633 shares of the stock were exchanged, compared to its average volume of 1,174,652. The business has a 50-day moving average of $95.57 and a two-hundred day moving average of $96.38. iShares ESG Aware MSCI USA ETF has a twelve month low of $83.08 and a twelve month high of $101.28. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of 18.83 and a beta of 1.02.
iShares ESG Aware MSCI USA ETF Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Wednesday, September 27th were paid a dividend of $0.3992 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend was Tuesday, September 26th.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in ESGU. Summit Wealth Group LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 9,066.4% during the first quarter. Summit Wealth Group LLC now owns 4,949,605 shares of the company’s stock worth $55,000 after purchasing an additional 4,895,608 shares in the last quarter. TIAA Trust National Association purchased a new stake in shares of iShares ESG Aware MSCI USA ETF during the third quarter worth $428,520,000. Northern Trust Corp increased its position in shares of iShares ESG Aware MSCI USA ETF by 169.3% during the second quarter. Northern Trust Corp now owns 4,408,789 shares of the company’s stock worth $429,681,000 after acquiring an additional 2,771,545 shares during the period. Mizuho Bank Ltd. purchased a new stake in shares of iShares ESG Aware MSCI USA ETF during the second quarter worth $243,650,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares ESG Aware MSCI USA ETF during the third quarter worth $166,970,000.
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.
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