iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML) Shares Up 16.3% – Should You Buy?

Shares of iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML) shot up 16.3% on Tuesday . The stock traded as high as $43.23 and last traded at $49.13. 82,468 shares were traded during mid-day trading, a decline of 41% from the average session volume of 140,609 shares. The stock had previously closed at $42.25.

iShares ESG Aware MSCI USA Small-Cap ETF Stock Performance

The company’s fifty day simple moving average is $47.02 and its 200-day simple moving average is $45.19. The company has a market capitalization of $2.19 billion, a P/E ratio of 17.85 and a beta of 1.08.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. First Horizon Corp acquired a new stake in iShares ESG Aware MSCI USA Small-Cap ETF during the 4th quarter worth approximately $178,000. Farther Finance Advisors LLC raised its stake in shares of iShares ESG Aware MSCI USA Small-Cap ETF by 85.9% in the fourth quarter. Farther Finance Advisors LLC now owns 16,789 shares of the company’s stock valued at $772,000 after acquiring an additional 7,757 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in iShares ESG Aware MSCI USA Small-Cap ETF in the fourth quarter valued at $183,000. JPMorgan Chase & Co. grew its stake in iShares ESG Aware MSCI USA Small-Cap ETF by 7.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 59,873 shares of the company’s stock worth $2,699,000 after purchasing an additional 3,913 shares in the last quarter. Finally, American Trust increased its holdings in iShares ESG Aware MSCI USA Small-Cap ETF by 4.5% during the 3rd quarter. American Trust now owns 14,656 shares of the company’s stock worth $661,000 after purchasing an additional 636 shares during the period.

About iShares ESG Aware MSCI USA Small-Cap ETF

The iShares ESG Aware MSCI USA Small-Cap ETF (ESML) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap companies with high environmental, social, and governance factor scores as determined by MSCI. ESML was launched on Apr 10, 2018 and is managed by BlackRock.