iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Reaches New 1-Year High – What’s Next?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $44.32 and last traded at $44.25, with a volume of 534111 shares trading hands. The stock had previously closed at $44.05.

iShares ESG Aware MSCI EM ETF Trading Up 0.5%

The company has a market cap of $5.57 billion, a PE ratio of 14.52 and a beta of 0.75. The stock has a 50 day moving average price of $41.46 and a 200 day moving average price of $38.44.

Institutional Trading of iShares ESG Aware MSCI EM ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ESGE. Ameriprise Financial Inc. raised its stake in iShares ESG Aware MSCI EM ETF by 27.1% during the first quarter. Ameriprise Financial Inc. now owns 1,653,189 shares of the company’s stock valued at $57,803,000 after buying an additional 352,198 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in shares of iShares ESG Aware MSCI EM ETF by 188.5% during the second quarter. Flow Traders U.S. LLC now owns 327,848 shares of the company’s stock valued at $12,842,000 after acquiring an additional 214,210 shares in the last quarter. DRW Securities LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter worth about $3,495,000. BNP Paribas Financial Markets boosted its stake in iShares ESG Aware MSCI EM ETF by 29,494.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 71,618 shares of the company’s stock worth $2,805,000 after purchasing an additional 71,376 shares in the last quarter. Finally, Acorns Advisers LLC grew its position in iShares ESG Aware MSCI EM ETF by 4.0% during the 2nd quarter. Acorns Advisers LLC now owns 1,239,058 shares of the company’s stock valued at $48,534,000 after purchasing an additional 48,167 shares during the last quarter.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.