FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Trading Up 0.3% – Still a Buy?

FlexShares STOXX US ESG Select Index Fund (BATS:ESG)’s share price were up 0.3% on Monday . The company traded as high as $153.57 and last traded at $153.57. Approximately 507 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 1,370 shares. The stock had previously closed at $153.07.

FlexShares STOXX US ESG Select Index Fund Stock Performance

The stock has a market capitalization of $126.70 million, a PE ratio of 24.02 and a beta of 1.04. The stock’s 50 day moving average is $157.28 and its two-hundred day moving average is $156.82.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in FlexShares STOXX US ESG Select Index Fund by 11.9% in the 4th quarter. LPL Financial LLC now owns 50,987 shares of the company’s stock valued at $8,069,000 after buying an additional 5,423 shares in the last quarter. Olde Wealth Management LLC purchased a new position in FlexShares STOXX US ESG Select Index Fund in the 3rd quarter worth approximately $5,287,000. Citadel Advisors LLC lifted its stake in FlexShares STOXX US ESG Select Index Fund by 368.3% in the 3rd quarter. Citadel Advisors LLC now owns 18,078 shares of the company’s stock worth $2,788,000 after purchasing an additional 14,218 shares in the last quarter. Susquehanna International Group LLP lifted its stake in FlexShares STOXX US ESG Select Index Fund by 69.0% in the 3rd quarter. Susquehanna International Group LLP now owns 18,067 shares of the company’s stock worth $2,786,000 after purchasing an additional 7,377 shares in the last quarter. Finally, Horizon Investments LLC lifted its stake in FlexShares STOXX US ESG Select Index Fund by 92.6% in the 4th quarter. Horizon Investments LLC now owns 6,898 shares of the company’s stock worth $1,092,000 after purchasing an additional 3,316 shares in the last quarter.

FlexShares STOXX US ESG Select Index Fund Company Profile

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.