FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Shares Pass Above 200-Day Moving Average – Time to Sell?

Posted by Adam Masters on Nov 23rd, 2024

FlexShares STOXX US ESG Select Index Fund (BATS:ESG – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $131.05 and traded as high as $139.35. FlexShares STOXX US ESG Select Index Fund shares last traded at $139.25, with a volume of 1,573 shares changing hands.

FlexShares STOXX US ESG Select Index Fund Stock Up 0.7 %

The firm has a 50 day moving average price of $136.34 and a two-hundred day moving average price of $131.22. The company has a market capitalization of $224.35 million, a price-to-earnings ratio of 24.06 and a beta of 0.96.

Hedge Funds Weigh In On FlexShares STOXX US ESG Select Index Fund

A number of hedge funds have recently bought and sold shares of ESG. Mather Group LLC. acquired a new position in FlexShares STOXX US ESG Select Index Fund in the second quarter valued at approximately $152,000. Citizens & Northern Corp boosted its stake in FlexShares STOXX US ESG Select Index Fund by 8.6% in the second quarter. Citizens & Northern Corp now owns 2,520 shares of the company’s stock valued at $323,000 after acquiring an additional 200 shares during the period. Commonwealth Equity Services LLC boosted its stake in FlexShares STOXX US ESG Select Index Fund by 3.4% in the second quarter. Commonwealth Equity Services LLC now owns 6,745 shares of the company’s stock valued at $865,000 after acquiring an additional 224 shares during the period. Synergy Asset Management LLC acquired a new position in FlexShares STOXX US ESG Select Index Fund in the second quarter valued at approximately $230,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in FlexShares STOXX US ESG Select Index Fund in the second quarter valued at approximately $87,000.

About FlexShares STOXX US ESG Select Index Fund

(Get Free Report)

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.