iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Stock Price Down 0.3% – Here’s Why

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) fell 0.3% on Tuesday . The stock traded as low as $28.37 and last traded at $28.39. 393 shares changed hands during trading, a decline of 29% from the average session volume of 551 shares. The stock had previously closed at $28.48.

iShares ESG MSCI USA Min Vol Factor ETF Stock Down 0.3%

The company has a 50 day simple moving average of $29.07 and a two-hundred day simple moving average of $28.96. The company has a market capitalization of $7.10 million, a P/E ratio of 23.32 and a beta of 0.75.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.1178 per share. This represents a $0.47 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Investors Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

An institutional investor recently raised its position in iShares ESG MSCI USA Min Vol Factor ETF stock. Citadel Advisors LLC boosted its stake in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) by 42.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,069 shares of the company’s stock after acquiring an additional 3,305 shares during the quarter. Citadel Advisors LLC owned about 4.43% of iShares ESG MSCI USA Min Vol Factor ETF worth $323,000 as of its most recent SEC filing.

iShares ESG MSCI USA Min Vol Factor ETF Company Profile

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.