iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Hits New 52-Week High – Still a Buy?

iShares ESG Select Screened S&P 500 ETF (BATS:XVV – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $58.12 and last traded at $58.12, with a volume of 24829 shares trading hands. The stock had previously closed at $57.10.

iShares ESG Select Screened S&P 500 ETF Price Performance

The company’s 50-day moving average is $56.82 and its 200-day moving average is $54.15. The firm has a market capitalization of $507.85 million, a price-to-earnings ratio of 25.63 and a beta of 1.04.

Hedge Funds Weigh In On iShares ESG Select Screened S&P 500 ETF

A number of hedge funds have recently made changes to their positions in XVV. Federation des caisses Desjardins du Quebec purchased a new stake in shares of iShares ESG Select Screened S&P 500 ETF during the 4th quarter valued at $34,000. Smithfield Trust Co raised its position in shares of iShares ESG Select Screened S&P 500 ETF by 50.8% in the 4th quarter. Smithfield Trust Co now owns 790 shares of the company’s stock worth $42,000 after buying an additional 266 shares during the period. Abound Wealth Management acquired a new position in iShares ESG Select Screened S&P 500 ETF in the second quarter valued at $96,000. Western Wealth Management LLC acquired a new position in iShares ESG Select Screened S&P 500 ETF in the first quarter valued at $131,000. Finally, Smartleaf Asset Management LLC grew its position in iShares ESG Select Screened S&P 500 ETF by 10,545.7% during the second quarter. Smartleaf Asset Management LLC now owns 3,726 shares of the company’s stock valued at $177,000 after acquiring an additional 3,691 shares during the period.

About iShares ESG Select Screened S&P 500 ETF

(Get Free Report)

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.

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