iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Stock Price Down 1% – Should You Sell?

Shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) were down 1% on Friday . The company traded as low as $28.58 and last traded at $28.58. Approximately 158 shares changed hands during trading, a decline of 94% from the average daily volume of 2,633 shares. The stock had previously closed at $28.87.

iShares ESG MSCI USA Min Vol Factor ETF Price Performance

The firm has a market cap of $8.57 million, a P/E ratio of 24.92 and a beta of 0.80. The stock’s 50-day simple moving average is $28.16 and its two-hundred day simple moving average is $28.41.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a dividend of $0.0888 per share. The ex-dividend date was Tuesday, March 18th.

Institutional Trading of iShares ESG MSCI USA Min Vol Factor ETF

A hedge fund recently bought a new stake in iShares ESG MSCI USA Min Vol Factor ETF stock. OLD Mission Capital LLC bought a new stake in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,610 shares of the company’s stock, valued at approximately $434,000. OLD Mission Capital LLC owned 5.20% of iShares ESG MSCI USA Min Vol Factor ETF at the end of the most recent quarter.

About iShares ESG MSCI USA Min Vol Factor ETF

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.