iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Reaches New 1-Year High – Time to Buy?

iShares ESG Select Screened S&P 500 ETF (BATS:XVV)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $59.74 and last traded at $59.71, with a volume of 1574 shares changing hands. The stock had previously closed at $59.03.

iShares ESG Select Screened S&P 500 ETF Stock Performance

The company’s 50 day moving average price is $57.15 and its 200-day moving average price is $54.58. The company has a market cap of $519.31 million, a price-to-earnings ratio of 25.63 and a beta of 1.04.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. University of Cambridge Investment Management Ltd acquired a new position in shares of iShares ESG Select Screened S&P 500 ETF in the 4th quarter worth $192,033,000. LPL Financial LLC increased its position in shares of iShares ESG Select Screened S&P 500 ETF by 17.5% in the fourth quarter. LPL Financial LLC now owns 256,138 shares of the company’s stock worth $13,498,000 after acquiring an additional 38,112 shares in the last quarter. Brown Advisory Inc. increased its position in shares of iShares ESG Select Screened S&P 500 ETF by 15.4% in the fourth quarter. Brown Advisory Inc. now owns 184,015 shares of the company’s stock worth $9,698,000 after acquiring an additional 24,516 shares in the last quarter. Keybank National Association OH acquired a new stake in shares of iShares ESG Select Screened S&P 500 ETF during the first quarter valued at approximately $7,851,000. Finally, JNBA Financial Advisors lifted its position in shares of iShares ESG Select Screened S&P 500 ETF by 4.1% in the 4th quarter. JNBA Financial Advisors now owns 100,962 shares of the company’s stock valued at $5,321,000 after acquiring an additional 3,933 shares in the last quarter.

About iShares ESG Select Screened S&P 500 ETF

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.