Traynor Capital Management Inc. Makes New $226,000 Investment in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Traynor Capital Management Inc. bought a new stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) in the fourth quarter, Holdings Channel.com reports. The fund bought 1,754 shares of the company’s stock, valued at approximately $226,000.

Other hedge funds have also recently made changes to their positions in the company. Renaissance Technologies LLC grew its stake in iShares ESG Aware MSCI USA ETF by 135.0% in the 2nd quarter. Renaissance Technologies LLC now owns 32,200 shares of the company’s stock worth $3,842,000 after acquiring an additional 18,500 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of iShares ESG Aware MSCI USA ETF in the second quarter valued at approximately $1,084,000. Drucker Wealth 3.0 LLC bought a new position in iShares ESG Aware MSCI USA ETF in the second quarter worth approximately $221,000. Clarity Asset Management Inc. increased its holdings in iShares ESG Aware MSCI USA ETF by 3.5% during the 2nd quarter. Clarity Asset Management Inc. now owns 86,165 shares of the company’s stock worth $10,281,000 after purchasing an additional 2,888 shares during the period. Finally, Creative Planning raised its position in iShares ESG Aware MSCI USA ETF by 3.3% during the 2nd quarter. Creative Planning now owns 266,093 shares of the company’s stock valued at $31,750,000 after purchasing an additional 8,581 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Trading Up 0.5 %

Shares of ESGU stock opened at $134.30 on Friday. The stock has a market capitalization of $14.32 billion, a price-to-earnings ratio of 25.85 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a twelve month low of $106.30 and a twelve month high of $134.30. The stock has a fifty day simple moving average of $131.13 and a two-hundred day simple moving average of $126.22.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.408 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares ESG Aware MSCI USA ETF

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.