FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Stock Price Down 1.4% – Here’s Why

FlexShares STOXX US ESG Select Index Fund (BATS:ESG) shares fell 1.4% during mid-day trading on Friday. The company traded as low as $182.38 and last traded at $182.38. Approximately 1,181 shares were traded during mid-day trading, an increase of 24% from the average session volume of 951 shares. The stock had previously closed at $185.04.

FlexShares STOXX US ESG Select Index Fund Trading Down 1.4%

The company has a market capitalization of $150.46 million, a P/E ratio of 24.02 and a beta of 1.04. The business’s 50-day simple moving average is $181.53 and its 200 day simple moving average is $170.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Founders Financial Securities LLC acquired a new position in shares of FlexShares STOXX US ESG Select Index Fund during the third quarter valued at approximately $1,097,000. Go Invest LLC bought a new stake in FlexShares STOXX US ESG Select Index Fund during the third quarter worth approximately $111,000. Tompkins Financial Corp bought a new stake in FlexShares STOXX US ESG Select Index Fund during the third quarter worth approximately $39,000. Integrated Wealth Concepts LLC bought a new stake in FlexShares STOXX US ESG Select Index Fund during the second quarter worth approximately $212,000. Finally, Curry Webb Wealth Management LLC acquired a new stake in FlexShares STOXX US ESG Select Index Fund in the first quarter worth approximately $676,000.

FlexShares STOXX US ESG Select Index Fund Company Profile

The FlexShares STOXX US ESG Select Index Fund (ESG) is an exchange-traded fund that is based on the STOXX USA ESG Select KPIs index. The fund follows a principles-based index composed of US-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. ESG was launched on Jul 13, 2016 and is managed by FlexShares.