iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Reaches New 52-Week High – Should You Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s stock price reached a new 52-week high on Monday . The stock traded as high as $66.36 and last traded at $66.36, with a volume of 3026 shares changing hands. The stock had previously closed at $64.83.

iShares ESG Advanced MSCI USA ETF Price Performance

The firm’s 50 day moving average is $58.70 and its two-hundred day moving average is $58.27. The firm has a market capitalization of $1.41 billion, a P/E ratio of 28.41 and a beta of 1.08.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.1244 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Several hedge funds and other institutional investors have recently made changes to their positions in USXF. Smartleaf Asset Management LLC bought a new position in iShares ESG Advanced MSCI USA ETF during the second quarter worth $26,000. Investors Research Corp lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 82.4% during the fourth quarter. Investors Research Corp now owns 549 shares of the company’s stock worth $32,000 after buying an additional 248 shares in the last quarter. NBT Bank N A NY lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 1,041.4% during the first quarter. NBT Bank N A NY now owns 662 shares of the company’s stock worth $37,000 after buying an additional 604 shares in the last quarter. Koesten Hirschmann & Crabtree INC. raised its stake in iShares ESG Advanced MSCI USA ETF by 107.5% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 689 shares of the company’s stock valued at $39,000 after purchasing an additional 357 shares in the last quarter. Finally, Triumph Capital Management acquired a new position in iShares ESG Advanced MSCI USA ETF in the third quarter valued at about $46,000.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.