iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Shares Climb 0.9% – Still a Buy?

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV)’s stock price shot up 0.9% on Tuesday. The stock traded as high as $31.50 and last traded at $31.50. Approximately 37 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 457 shares. The stock had previously closed at $31.21.

iShares ESG MSCI USA Min Vol Factor ETF Stock Performance

The stock has a market capitalization of $7.89 million, a price-to-earnings ratio of 23.32 and a beta of 0.72. The firm’s 50 day moving average is $31.39 and its 200-day moving average is $30.25.

iShares ESG MSCI USA Min Vol Factor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.1060 per share. This is a boost from iShares ESG MSCI USA Min Vol Factor ETF’s previous quarterly dividend of $0.0858. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.42 annualized dividend and a yield of 1.3%.

iShares ESG MSCI USA Min Vol Factor ETF Company Profile

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.