iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) Trading Down 0.8% – Should You Sell?

iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) traded down 0.8% during mid-day trading on Thursday . The stock traded as low as $28.80 and last traded at $28.81. 9,827 shares traded hands during trading, an increase of 120% from the average session volume of 4,476 shares. The stock had previously closed at $29.04.

iShares ESG Aware MSCI USA Value ETF Trading Down 0.8%

The firm has a 50-day simple moving average of $28.28 and a 200-day simple moving average of $29.26. The firm has a market cap of $23.05 million, a P/E ratio of 19.74 and a beta of 0.89.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA Value ETF

Hedge funds have recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC purchased a new position in shares of iShares ESG Aware MSCI USA Value ETF during the 4th quarter worth approximately $371,000. HighTower Advisors LLC purchased a new stake in shares of iShares ESG Aware MSCI USA Value ETF during the 4th quarter valued at $223,000. Larson Financial Group LLC boosted its position in iShares ESG Aware MSCI USA Value ETF by 68.3% during the 4th quarter. Larson Financial Group LLC now owns 1,370 shares of the company’s stock worth $39,000 after purchasing an additional 556 shares during the period. Tower Research Capital LLC TRC boosted its position in iShares ESG Aware MSCI USA Value ETF by 1,698.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,793 shares of the company’s stock worth $771,000 after purchasing an additional 25,303 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new position in iShares ESG Aware MSCI USA Value ETF in the 1st quarter worth $390,000.

iShares ESG Aware MSCI USA Value ETF Company Profile

The iShares ESG Aware MSCI USA Value ETF (EVUS) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund that tracks an index of US value stocks with certain environmental, social, and governance criteria. The fund aims to maximize its ESG exposure. EVUS was launched on Jan 31, 2023 and is managed by BlackRock.