Flow Traders U.S. LLC Trims Stock Position in iShares ESG Aware MSCI EM ETF $ESGE

Flow Traders U.S. LLC lessened its stake in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) by 51.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 158,214 shares of the company’s stock after selling 169,634 shares during the quarter. Flow Traders U.S. LLC owned 0.13% of iShares ESG Aware MSCI EM ETF worth $6,870,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. MainStreet Investment Advisors LLC raised its position in iShares ESG Aware MSCI EM ETF by 10.3% during the second quarter. MainStreet Investment Advisors LLC now owns 20,697 shares of the company’s stock valued at $811,000 after acquiring an additional 1,935 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares ESG Aware MSCI EM ETF by 26.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock worth $102,658,000 after purchasing an additional 493,011 shares in the last quarter. Acorns Advisers LLC boosted its position in iShares ESG Aware MSCI EM ETF by 4.0% in the 2nd quarter. Acorns Advisers LLC now owns 1,239,058 shares of the company’s stock worth $48,534,000 after purchasing an additional 48,167 shares in the last quarter. Montecito Bank & Trust acquired a new stake in shares of iShares ESG Aware MSCI EM ETF during the 3rd quarter worth approximately $753,000. Finally, Community Bank N.A. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 6.3% during the 3rd quarter. Community Bank N.A. now owns 7,601 shares of the company’s stock worth $330,000 after purchasing an additional 452 shares during the period.

iShares ESG Aware MSCI EM ETF Price Performance

NASDAQ:ESGE opened at $45.41 on Monday. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of 14.52 and a beta of 0.66. The company has a 50 day moving average price of $47.77 and a 200-day moving average price of $45.06. iShares ESG Aware MSCI EM ETF has a 1-year low of $30.57 and a 1-year high of $50.99.

iShares ESG Aware MSCI EM ETF Profile

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.