iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sees Strong Trading Volume – Here’s Why

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) shares saw unusually-high trading volume on Tuesday . Approximately 1,425,516 shares traded hands during trading, an increase of 273% from the previous session’s volume of 382,139 shares.The stock last traded at $88.27 and had previously closed at $87.82.

iShares ESG Aware MSCI EAFE ETF Stock Performance

The firm has a 50-day moving average price of $82.55 and a two-hundred day moving average price of $80.30. The firm has a market cap of $9.60 billion, a price-to-earnings ratio of 17.13 and a beta of 0.86.

Hedge Funds Weigh In On iShares ESG Aware MSCI EAFE ETF

Hedge funds have recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC purchased a new position in shares of iShares ESG Aware MSCI EAFE ETF in the 4th quarter valued at $26,000. Redwood Park Advisors LLC acquired a new position in iShares ESG Aware MSCI EAFE ETF in the fourth quarter valued at $36,000. Avior Wealth Management LLC purchased a new position in shares of iShares ESG Aware MSCI EAFE ETF during the fourth quarter worth about $38,000. Rialto Wealth Management LLC purchased a new position in iShares ESG Aware MSCI EAFE ETF during the 4th quarter worth approximately $43,000. Finally, UMB Bank n.a. acquired a new position in shares of iShares ESG Aware MSCI EAFE ETF in the 4th quarter valued at $43,000.

iShares ESG Aware MSCI EAFE ETF Company Profile

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.