iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Trading 1.4% Higher – Should You Buy?

iShares ESG Select Screened S&P 500 ETF (BATS:XVV) shot up 1.4% on Friday . The company traded as high as $54.46 and last traded at $54.34. 21,167 shares changed hands during trading, a decline of 36% from the average session volume of 32,883 shares. The stock had previously closed at $53.57.

iShares ESG Select Screened S&P 500 ETF Price Performance

The company’s fifty day simple moving average is $51.31 and its two-hundred day simple moving average is $52.06. The stock has a market cap of $475.48 million, a price-to-earnings ratio of 25.63 and a beta of 1.04.

Institutional Trading of iShares ESG Select Screened S&P 500 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. University of Cambridge Investment Management Ltd bought a new position in iShares ESG Select Screened S&P 500 ETF in the 4th quarter worth approximately $192,033,000. DRW Securities LLC bought a new position in shares of iShares ESG Select Screened S&P 500 ETF in the fourth quarter worth $4,403,000. EP Wealth Advisors LLC purchased a new position in shares of iShares ESG Select Screened S&P 500 ETF in the fourth quarter valued at $3,776,000. Thrivent Financial for Lutherans bought a new stake in shares of iShares ESG Select Screened S&P 500 ETF during the 3rd quarter valued at $3,245,000. Finally, LPL Financial LLC boosted its stake in iShares ESG Select Screened S&P 500 ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 256,138 shares of the company’s stock worth $13,498,000 after purchasing an additional 38,112 shares during the period.

About iShares ESG Select Screened S&P 500 ETF

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.