iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) Shares Up 3.7% – Still a Buy?

iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) shares rose 3.7% during mid-day trading on Thursday . The company traded as high as $29.40 and last traded at $30.08. Approximately 144 shares traded hands during mid-day trading, The stock had previously closed at $28.99.

iShares ESG Aware MSCI USA Value ETF Stock Performance

The stock has a market cap of $4.81 million, a price-to-earnings ratio of 16.89 and a beta of 0.74. The company’s 50 day simple moving average is $29.50 and its 200 day simple moving average is $29.53.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Addison Advisors LLC boosted its position in shares of iShares ESG Aware MSCI USA Value ETF by 48.4% in the third quarter. Addison Advisors LLC now owns 1,150 shares of the company’s stock valued at $34,000 after acquiring an additional 375 shares during the period. Larson Financial Group LLC raised its stake in iShares ESG Aware MSCI USA Value ETF by 68.3% during the 4th quarter. Larson Financial Group LLC now owns 1,370 shares of the company’s stock valued at $39,000 after purchasing an additional 556 shares during the last quarter. HighTower Advisors LLC bought a new stake in iShares ESG Aware MSCI USA Value ETF in the 4th quarter valued at $223,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in iShares ESG Aware MSCI USA Value ETF in the 4th quarter worth $371,000.

About iShares ESG Aware MSCI USA Value ETF

The iShares ESG Aware MSCI USA Value ETF (EVUS) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund that tracks an index of US value stocks with certain environmental, social, and governance criteria. The fund aims to maximize its ESG exposure. EVUS was launched on Jan 31, 2023 and is managed by BlackRock.