FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) Trading Up 0.5% – Should You Buy?

FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) shares rose 0.5% on Friday . The company traded as high as $168.76 and last traded at $168.02. Approximately 4,720 shares were traded during mid-day trading, The stock had previously closed at $167.10.

FlexShares STOXX Global ESG Select Index Fund Trading Up 0.5 %

The company has a fifty day moving average price of $170.34 and a two-hundred day moving average price of $165.77. The firm has a market capitalization of $184.82 million, a price-to-earnings ratio of 19.22 and a beta of 0.95.

Hedge Funds Weigh In On FlexShares STOXX Global ESG Select Index Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ESGG. CoreCap Advisors LLC purchased a new position in shares of FlexShares STOXX Global ESG Select Index Fund during the 2nd quarter worth $510,000. Synergy Asset Management LLC purchased a new stake in shares of FlexShares STOXX Global ESG Select Index Fund in the second quarter valued at about $229,000. Finally, Highline Wealth Partners LLC acquired a new stake in FlexShares STOXX Global ESG Select Index Fund during the third quarter worth about $57,000.

FlexShares STOXX Global ESG Select Index Fund Company Profile

The FlexShares STOXX Global ESG Select Index Fund (ESGG) is an exchange-traded fund that is based on the STOXX Global ESG Select KPIs index. The fund follows a principles-based global index composed of companies that exhibit environmental, social, and corporate governance (ESG) characteristics. ESGG was launched on Jul 13, 2016 and is managed by FlexShares.