iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Large Volume Increase – What’s Next?

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) shares saw unusually-high trading volume on Thursday . Approximately 635,691 shares were traded during mid-day trading, a decline of 4% from the previous session’s volume of 659,972 shares.The stock last traded at $35.78 and had previously closed at $36.03.

iShares ESG Aware MSCI EM ETF Stock Down 1.0 %

The business has a 50-day simple moving average of $34.81 and a 200-day simple moving average of $34.94. The stock has a market cap of $4.55 billion, a P/E ratio of 14.98 and a beta of 0.75.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were issued a dividend of $0.0222 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new stake in iShares ESG Aware MSCI EM ETF during the fourth quarter valued at about $36,000. Whittier Trust Co. of Nevada Inc. lifted its position in shares of iShares ESG Aware MSCI EM ETF by 51.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,148 shares of the company’s stock worth $38,000 after purchasing an additional 390 shares during the last quarter. Coppell Advisory Solutions LLC boosted its stake in iShares ESG Aware MSCI EM ETF by 42.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,388 shares of the company’s stock valued at $47,000 after purchasing an additional 414 shares during the period. Trust Co. of Vermont boosted its position in shares of iShares ESG Aware MSCI EM ETF by 61.8% in the fourth quarter. Trust Co. of Vermont now owns 1,560 shares of the company’s stock valued at $52,000 after acquiring an additional 596 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares ESG Aware MSCI EM ETF in the third quarter worth $66,000.

iShares ESG Aware MSCI EM ETF Company 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.