iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Reaches New 1-Year High – Should You Buy?

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $52.76 and last traded at $52.64, with a volume of 6142 shares changing hands. The stock had previously closed at $52.65.

iShares ESG Advanced MSCI USA ETF Stock Performance

The firm has a fifty day simple moving average of $51.08 and a 200 day simple moving average of $49.32. The company has a market capitalization of $1.38 billion, a PE ratio of 30.78 and a beta of 1.03.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.1691 dividend. This is a positive change from iShares ESG Advanced MSCI USA ETF’s previous dividend of $0.13. The ex-dividend date was Tuesday, December 17th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clarity Asset Management Inc. purchased a new stake in iShares ESG Advanced MSCI USA ETF during the 3rd quarter valued at about $37,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of iShares ESG Advanced MSCI USA ETF in the second quarter valued at approximately $50,000. Hanson & Doremus Investment Management grew its position in shares of iShares ESG Advanced MSCI USA ETF by 28.9% in the fourth quarter. Hanson & Doremus Investment Management now owns 1,847 shares of the company’s stock valued at $92,000 after purchasing an additional 414 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of iShares ESG Advanced MSCI USA ETF in the fourth quarter valued at approximately $149,000. Finally, Sage Financial Management Group Inc. purchased a new position in iShares ESG Advanced MSCI USA ETF during the fourth quarter worth approximately $201,000.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities.