iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Shares Up 0.2% – Should You Buy?

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV)’s share price traded up 0.2% during mid-day trading on Friday . The company traded as high as $28.99 and last traded at $29.1110. 42 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 1,113 shares. The stock had previously closed at $29.04.

iShares ESG MSCI USA Min Vol Factor ETF Stock Up 0.2%

The firm has a market capitalization of $7.28 million, a price-to-earnings ratio of 23.32 and a beta of 0.75. The company’s 50 day moving average is $28.83 and its 200 day moving average is $28.80.

iShares ESG MSCI USA Min Vol Factor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.1316 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, September 16th. This is a boost from iShares ESG MSCI USA Min Vol Factor ETF’s previous quarterly dividend of $0.10.

Institutional Investors Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

Several institutional investors have recently made changes to their positions in the stock. Alpine Bank Wealth Management acquired a new position in iShares ESG MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $239,000. Citadel Advisors LLC increased its position in shares of iShares ESG MSCI USA Min Vol Factor ETF by 42.6% in the third quarter. Citadel Advisors LLC now owns 11,069 shares of the company’s stock worth $323,000 after purchasing an additional 3,305 shares during the period. Portfolio Design Labs LLC acquired a new position in iShares ESG MSCI USA Min Vol Factor ETF in the second quarter valued at about $355,000. Finally, Ascent Group LLC bought a new stake in iShares ESG MSCI USA Min Vol Factor ETF during the second quarter worth about $355,000.

About iShares ESG MSCI USA Min Vol Factor ETF

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.