iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Stock Cross Above 50 Day Moving Average – Here’s What Happened

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)’s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $167.98 and traded as high as $168.94. iShares ESG Aware MSCI USA ETF shares last traded at $168.67, with a volume of 213,154 shares traded.

iShares ESG Aware MSCI USA ETF Stock Up 0.7%

The stock has a market cap of $18.26 billion, a P/E ratio of 25.34 and a beta of 1.03. The firm’s 50 day simple moving average is $167.98 and its two-hundred day simple moving average is $158.85.

iShares ESG Aware MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.3813 dividend. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.3431. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.53 annualized dividend and a dividend yield of 0.9%.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

A number of institutional investors have recently modified their holdings of the business. ASL Financial LLC raised its stake in iShares ESG Aware MSCI USA ETF by 1.9% during the third quarter. ASL Financial LLC now owns 3,197 shares of the company’s stock worth $533,000 after acquiring an additional 60 shares during the period. Chicago Partners Investment Group LLC lifted its holdings in iShares ESG Aware MSCI USA ETF by 0.6% in the first quarter. Chicago Partners Investment Group LLC now owns 11,324 shares of the company’s stock worth $1,753,000 after acquiring an additional 64 shares during the last quarter. Tempus Wealth Planning LLC boosted its stake in iShares ESG Aware MSCI USA ETF by 0.7% in the third quarter. Tempus Wealth Planning LLC now owns 9,089 shares of the company’s stock valued at $1,516,000 after acquiring an additional 67 shares during the period. Leverty Financial Group LLC boosted its stake in iShares ESG Aware MSCI USA ETF by 3.2% in the second quarter. Leverty Financial Group LLC now owns 2,209 shares of the company’s stock valued at $362,000 after acquiring an additional 68 shares during the period. Finally, White Lighthouse Investment Management Inc. boosted its stake in iShares ESG Aware MSCI USA ETF by 0.4% in the third quarter. White Lighthouse Investment Management Inc. now owns 17,458 shares of the company’s stock valued at $2,912,000 after acquiring an additional 71 shares during the period.

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.