FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Trading 0.9% Higher – Still a Buy?

Shares of FlexShares STOXX US ESG Select Index Fund (BATS:ESG) traded up 0.9% during trading on Tuesday . The company traded as high as $140.00 and last traded at $138.41. 3,534 shares changed hands during mid-day trading, The stock had previously closed at $137.18.

FlexShares STOXX US ESG Select Index Fund Price Performance

The stock has a 50-day simple moving average of $141.72 and a 200-day simple moving average of $138.47. The stock has a market cap of $128.03 million, a P/E ratio of 25.10 and a beta of 1.03.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ESG. Crowley Wealth Management Inc. bought a new position in FlexShares STOXX US ESG Select Index Fund in the 4th quarter valued at $34,000. Berger Financial Group Inc bought a new position in FlexShares STOXX US ESG Select Index Fund in the 4th quarter valued at $205,000. Raymond James Financial Inc. bought a new position in FlexShares STOXX US ESG Select Index Fund in the 4th quarter valued at $278,000. Independent Advisor Alliance bought a new position in shares of FlexShares STOXX US ESG Select Index Fund during the 4th quarter worth $357,000. Finally, Capital Advisory Group Advisory Services LLC grew its stake in shares of FlexShares STOXX US ESG Select Index Fund by 14.3% during the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 4,000 shares of the company’s stock worth $551,000 after acquiring an additional 500 shares during the period.

About FlexShares STOXX US ESG Select Index Fund

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