iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Unusually-High Trading Volume – Here’s What Happened

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) shares saw unusually-high trading volume on Tuesday . Approximately 2,075,745 shares were traded during mid-day trading, an increase of 245% from the previous session’s volume of 600,995 shares.The stock last traded at $43.9720 and had previously closed at $43.96.

iShares ESG Aware MSCI EM ETF Stock Up 0.0%

The company has a market cap of $5.53 billion, a price-to-earnings ratio of 14.52 and a beta of 0.66. The firm has a 50-day simple moving average of $43.82 and a 200 day simple moving average of $40.65.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Several hedge funds have recently bought and sold shares of ESGE. Janney Montgomery Scott LLC boosted its stake in shares of iShares ESG Aware MSCI EM ETF by 20.1% during the second quarter. Janney Montgomery Scott LLC now owns 72,418 shares of the company’s stock valued at $2,837,000 after acquiring an additional 12,142 shares during the last quarter. Parallel Advisors LLC raised its holdings in iShares ESG Aware MSCI EM ETF by 3.0% in the second quarter. Parallel Advisors LLC now owns 26,237 shares of the company’s stock valued at $1,028,000 after buying an additional 755 shares during the period. Amundi lifted its position in iShares ESG Aware MSCI EM ETF by 13.7% during the first quarter. Amundi now owns 37,866 shares of the company’s stock valued at $1,303,000 after buying an additional 4,569 shares in the last quarter. Quent Capital LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 0.4% in the 2nd quarter. Quent Capital LLC now owns 115,286 shares of the company’s stock valued at $4,516,000 after acquiring an additional 429 shares during the period. Finally, Heritage Wealth Advisors lifted its position in shares of iShares ESG Aware MSCI EM ETF by 1.7% during the first quarter. Heritage Wealth Advisors now owns 39,285 shares of the company’s stock worth $1,373,000 after purchasing an additional 671 shares in the last quarter.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.