Independent Advisor Alliance Takes $3.14 Million Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Independent Advisor Alliance acquired a new stake in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 24,408 shares of the company’s stock, valued at approximately $3,144,000.

A number of other hedge funds have also recently made changes to their positions in the business. Bell Investment Advisors Inc grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 4.9% during the fourth quarter. Bell Investment Advisors Inc now owns 6,940 shares of the company’s stock valued at $894,000 after buying an additional 324 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 21.9% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 3,336 shares of the company’s stock valued at $430,000 after buying an additional 600 shares during the last quarter. Axis Wealth Partners LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter valued at about $833,000. PNC Financial Services Group Inc. grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 4.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,457 shares of the company’s stock valued at $316,000 after buying an additional 96 shares during the last quarter. Finally, Novus Advisors LLC acquired a new position in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter valued at about $275,000.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of NASDAQ ESGU opened at $121.95 on Thursday. The stock has a market capitalization of $13.09 billion, a P/E ratio of 27.09 and a beta of 1.02. The company has a 50-day moving average price of $130.42 and a 200-day moving average price of $128.75. iShares ESG Aware MSCI USA ETF has a 1 year low of $108.40 and a 1 year high of $134.50.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.408 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares ESG Aware MSCI USA ETF Profile

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.