iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Hits New 52-Week High – Time to Buy?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $57.11 and last traded at $56.87, with a volume of 32654 shares. The stock had previously closed at $56.57.

iShares ESG Aware MSCI EM ETF Price Performance

The firm has a market capitalization of $7.41 billion, a P/E ratio of 14.52 and a beta of 0.75. The firm’s 50 day moving average is $52.68 and its two-hundred day moving average is $48.60.

iShares ESG Aware MSCI EM ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.4023 dividend. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Hedge funds have recently bought and sold shares of the company. Quent Long Short Global Small Cap Fund LP bought a new position in iShares ESG Aware MSCI EM ETF during the fourth quarter worth $5,072,000. Western Wealth Management LLC bought a new position in shares of iShares ESG Aware MSCI EM ETF in the fourth quarter valued at about $745,000. JPMorgan Chase & Co. lifted its stake in shares of iShares ESG Aware MSCI EM ETF by 26.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock worth $102,658,000 after buying an additional 493,011 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of iShares ESG Aware MSCI EM ETF by 123.1% during the 4th quarter. Farther Finance Advisors LLC now owns 35,725 shares of the company’s stock worth $1,578,000 after buying an additional 19,712 shares during the last quarter. Finally, Torren Management LLC acquired a new stake in shares of iShares ESG Aware MSCI EM ETF during the 4th quarter worth about $1,293,000.

About iShares ESG Aware MSCI EM ETF

(Get Free Report)

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.

Further Reading

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