iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Large Volume Increase – Still a Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw an uptick in trading volume on Tuesday. 1,717,483 shares changed hands during trading, an increase of 246% from the previous session’s volume of 495,824 shares. The stock last traded at $168.05 and had previously closed at $167.55.

iShares ESG Aware MSCI USA ETF Stock Up 0.4%

The firm has a market capitalization of $18.01 billion, a P/E ratio of 25.34 and a beta of 1.03. The company has a fifty day simple moving average of $168.17 and a 200 day simple moving average of $162.96.

iShares ESG Aware MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.3813 dividend. This represents a $1.53 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.3431.

Institutional Trading of iShares ESG Aware MSCI USA ETF

Several institutional investors have recently bought and sold shares of ESGU. tru Independence LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter worth approximately $888,000. Single Point Partners LLC boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.0% in the third quarter. Single Point Partners LLC now owns 4,031 shares of the company’s stock worth $672,000 after buying an additional 79 shares during the last quarter. Retirement Planning Group LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the third quarter valued at approximately $758,000. Orin Green Financial LLC grew its position in iShares ESG Aware MSCI USA ETF by 3.2% during the third quarter. Orin Green Financial LLC now owns 9,560 shares of the company’s stock valued at $1,595,000 after buying an additional 300 shares during the period. Finally, AlphaStar Capital Management LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the third quarter valued at approximately $257,000.

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.