iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Volume Increase – What’s Next?

Shares of iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw an uptick in trading volume on Thursday. 268,643 shares changed hands during trading, an increase of 289% from the average daily volume of 69,039 shares. The stock last traded at $64.9650 and had previously closed at $65.00.

iShares ESG Advanced MSCI USA ETF Stock Down 0.2%

The stock has a 50 day moving average of $67.01 and a 200 day moving average of $64.34. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 23.81 and a beta of 1.10.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.1490 per share. This represents a $0.60 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.1226.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of hedge funds have recently bought and sold shares of the company. First Bancorp Inc ME bought a new position in shares of iShares ESG Advanced MSCI USA ETF in the 2nd quarter worth about $27,000. IFG Advisory LLC boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 40.0% during the 3rd quarter. IFG Advisory LLC now owns 606 shares of the company’s stock worth $41,000 after buying an additional 173 shares in the last quarter. Lynch Investment Planning LLC bought a new position in shares of iShares ESG Advanced MSCI USA ETF during the 3rd quarter worth approximately $63,000. Investors Research Corp grew its position in shares of iShares ESG Advanced MSCI USA ETF by 18.6% during the 2nd quarter. Investors Research Corp now owns 995 shares of the company’s stock worth $69,000 after buying an additional 156 shares during the period. Finally, Continuum Advisory LLC acquired a new stake in shares of iShares ESG Advanced MSCI USA ETF during the 2nd quarter worth approximately $77,000.

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.