iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Strong Trading Volume – Should You Buy?

Shares of iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw strong trading volume on Wednesday . 2,935,159 shares were traded during trading, an increase of 382% from the previous session’s volume of 609,166 shares.The stock last traded at $42.6850 and had previously closed at $42.83.

iShares ESG Aware MSCI EM ETF Price Performance

The stock’s 50-day moving average is $44.17 and its two-hundred day moving average is $41.70. The company has a market cap of $5.37 billion, a P/E ratio of 14.52 and a beta of 0.66.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be issued a dividend of $0.7318 per share. This represents a dividend yield of 342.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

A number of hedge funds have recently bought and sold shares of the company. American National Bank & Trust bought a new stake in shares of iShares ESG Aware MSCI EM ETF during the 2nd quarter valued at about $43,000. Grey Fox Wealth Advisors LLC bought a new position in shares of iShares ESG Aware MSCI EM ETF in the 3rd quarter worth approximately $45,000. GGM Financials LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the third quarter worth approximately $58,000. North Star Investment Management Corp. purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the third quarter worth approximately $63,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in iShares ESG Aware MSCI EM ETF during the second quarter valued at approximately $68,000.

About iShares ESG Aware MSCI EM ETF

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.