iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Strong Trading Volume – Should You Buy?

by · The Markets Daily

Shares of iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE – Get Free Report) saw strong trading volume on Wednesday . 2,935,159 shares changed hands during mid-day trading, an increase of 382% from the previous session’s volume of 609,166 shares.The stock last traded at $42.6850 and had previously closed at $42.83.

iShares ESG Aware MSCI EM ETF Trading Down 0.3%

The company has a market cap of $5.37 billion, a PE ratio of 14.52 and a beta of 0.66. The business has a fifty day moving average of $44.17 and a 200-day moving average of $41.70.

iShares ESG Aware MSCI EM ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 16th will be issued a $0.7318 dividend. The ex-dividend date is Tuesday, December 16th. This represents a yield of 342.0%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ESGE. JPMorgan Chase & Co. boosted its stake in shares of iShares ESG Aware MSCI EM ETF by 26.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock valued at $102,658,000 after purchasing an additional 493,011 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares ESG Aware MSCI EM ETF by 27.1% in the first quarter. Ameriprise Financial Inc. now owns 1,653,189 shares of the company’s stock worth $57,803,000 after buying an additional 352,198 shares during the period. Acorns Advisers LLC lifted its holdings in iShares ESG Aware MSCI EM ETF by 4.0% in the second quarter. Acorns Advisers LLC now owns 1,239,058 shares of the company’s stock worth $48,534,000 after buying an additional 48,167 shares during the period. Flow Traders U.S. LLC boosted its position in iShares ESG Aware MSCI EM ETF by 188.5% during the 2nd quarter. Flow Traders U.S. LLC now owns 327,848 shares of the company’s stock valued at $12,842,000 after acquiring an additional 214,210 shares in the last quarter. Finally, Quent Capital LLC grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 0.4% during the 2nd quarter. Quent Capital LLC now owns 115,286 shares of the company’s stock worth $4,516,000 after acquiring an additional 429 shares during the period.

About iShares ESG Aware MSCI EM ETF

(Get Free Report)

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.

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