iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Hits New 12-Month High – Time to Buy?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE)’s share price reached a new 52-week high on Monday . The company traded as high as $45.79 and last traded at $45.7560, with a volume of 162331 shares trading hands. The stock had previously closed at $45.44.

iShares ESG Aware MSCI EM ETF Trading Up 1.0%

The business has a fifty day moving average price of $44.19 and a 200 day moving average price of $42.25. The firm has a market cap of $5.82 billion, a PE ratio of 14.52 and a beta of 0.66.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.7318 dividend. This represents a dividend yield of 342.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Several hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of iShares ESG Aware MSCI EM ETF by 26.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock valued at $102,658,000 after purchasing an additional 493,011 shares during the period. Captrust Financial Advisors raised its position in iShares ESG Aware MSCI EM ETF by 20.0% in the 3rd quarter. Captrust Financial Advisors now owns 44,374 shares of the company’s stock valued at $1,927,000 after purchasing an additional 7,402 shares during the last quarter. NewEdge Advisors LLC boosted its stake in iShares ESG Aware MSCI EM ETF by 2.1% during the 3rd quarter. NewEdge Advisors LLC now owns 80,009 shares of the company’s stock worth $3,474,000 after purchasing an additional 1,616 shares during the period. Integrated Wealth Concepts LLC grew its position in iShares ESG Aware MSCI EM ETF by 9.1% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 36,462 shares of the company’s stock worth $1,583,000 after purchasing an additional 3,049 shares during the last quarter. Finally, Community Bank N.A. increased its stake in iShares ESG Aware MSCI EM ETF by 6.3% in the third quarter. Community Bank N.A. now owns 7,601 shares of the company’s stock valued at $330,000 after purchasing an additional 452 shares during the period.

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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.