iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Stock Price Up 0.3% – Still a Buy?

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG)’s share price rose 0.3% during trading on Thursday . The stock traded as high as $73.96 and last traded at $73.66. Approximately 8,732 shares traded hands during trading, a decline of 35% from the average daily volume of 13,469 shares. The stock had previously closed at $73.47.

iShares MSCI Global Sustainable Development Goals ETF Price Performance

The company has a fifty day simple moving average of $73.86 and a two-hundred day simple moving average of $76.39. The company has a market capitalization of $195.20 million, a P/E ratio of 18.60 and a beta of 0.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares MSCI Global Sustainable Development Goals ETF stock. Avior Wealth Management LLC acquired a new position in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 400 shares of the company’s stock, valued at approximately $29,000.

About iShares MSCI Global Sustainable Development Goals ETF

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals.