iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Reaches New 1-Year High – Still a Buy?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $155.73 and last traded at $155.66, with a volume of 564163 shares changing hands. The stock had previously closed at $155.36.

iShares ESG Aware MSCI USA ETF Trading Up 0.2%

The stock’s fifty day moving average is $147.20 and its 200 day moving average is $148.25. The company has a market capitalization of $16.41 billion, a P/E ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.3698 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, March 17th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Elyxium Wealth LLC bought a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter worth $25,000. Triumph Capital Management bought a new position in iShares ESG Aware MSCI USA ETF in the 3rd quarter worth $34,000. Caitlin John LLC bought a new position in iShares ESG Aware MSCI USA ETF in the 3rd quarter worth $36,000. United Financial Planning Group LLC bought a new position in iShares ESG Aware MSCI USA ETF in the 3rd quarter worth $39,000. Finally, Commonwealth Retirement Investments LLC bought a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter worth $42,000.

iShares ESG Aware MSCI USA ETF Company Profile

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.