FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Trading Up 6.8% – What’s Next?

FlexShares STOXX US ESG Select Index Fund (BATS:ESG) were up 6.8% during trading on Tuesday . The stock traded as high as $140.00 and last traded at $146.47. Approximately 3,534 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 4,192 shares. The stock had previously closed at $137.18.

FlexShares STOXX US ESG Select Index Fund Stock Performance

The firm has a 50 day simple moving average of $142.82 and a 200 day simple moving average of $138.79. The firm has a market cap of $120.83 million, a P/E ratio of 24.02 and a beta of 1.04.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 2.8% during the first quarter. Royal Bank of Canada now owns 6,538 shares of the company’s stock worth $879,000 after purchasing an additional 179 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of FlexShares STOXX US ESG Select Index Fund during the second quarter worth about $29,000. Crowley Wealth Management Inc. purchased a new position in shares of FlexShares STOXX US ESG Select Index Fund during the fourth quarter worth about $34,000. SGL Investment Advisors Inc. grew its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 4.7% during the first quarter. SGL Investment Advisors Inc. now owns 5,709 shares of the company’s stock worth $773,000 after purchasing an additional 256 shares in the last quarter. Finally, Well Done LLC grew its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 5.9% during the second quarter. Well Done LLC now owns 5,165 shares of the company’s stock worth $758,000 after purchasing an additional 290 shares in the last quarter.

About FlexShares STOXX US ESG Select Index Fund

The FlexShares STOXX US ESG Select Index Fund (ESG) is an exchange-traded fund that is based on the STOXX USA ESG Select KPIs index. The fund follows a principles-based index composed of US-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. ESG was launched on Jul 13, 2016 and is managed by FlexShares.