iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Reaches New 12-Month High – Here’s Why

Posted by Faye Duncan on Dec 4th, 2024

Shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU – Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $132.91 and last traded at $132.79, with a volume of 78454 shares trading hands. The stock had previously closed at $132.72.

iShares ESG Aware MSCI USA ETF Stock Performance

The business’s 50-day moving average is $128.43 and its two-hundred day moving average is $122.97. The firm has a market capitalization of $14.14 billion, a price-to-earnings ratio of 25.85 and a beta of 1.02.

iShares ESG Aware MSCI USA ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.4387 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ESGU. Unique Wealth Strategies LLC acquired a new stake in shares of iShares ESG Aware MSCI USA ETF during the second quarter worth about $34,000. Rothschild Investment LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the 2nd quarter worth approximately $35,000. Future Financial Wealth Managment LLC acquired a new stake in iShares ESG Aware MSCI USA ETF during the 3rd quarter worth approximately $38,000. Howe & Rusling Inc. bought a new position in iShares ESG Aware MSCI USA ETF in the third quarter valued at approximately $47,000. Finally, Hobbs Group Advisors LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF in the second quarter valued at approximately $49,000.

iShares ESG Aware MSCI USA ETF Company Profile

(Get Free Report)

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.