iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Shares Up 0.3% – Still a Buy?

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG)’s stock price rose 0.3% on Thursday . The company traded as high as $73.96 and last traded at $73.66. Approximately 8,732 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 13,469 shares. The stock had previously closed at $73.47.

iShares MSCI Global Sustainable Development Goals ETF Price Performance

The firm has a market capitalization of $193.03 million, a PE ratio of 18.08 and a beta of 0.76. The stock has a 50-day moving average price of $73.89 and a 200-day moving average price of $76.34.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares MSCI Global Sustainable Development Goals ETF stock. Money Design Co. Ltd. lifted its stake in shares of iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,358 shares of the company’s stock after purchasing an additional 236 shares during the period. Money Design Co. Ltd. owned about 0.49% of iShares MSCI Global Sustainable Development Goals ETF worth $961,000 as of its most recent filing with the SEC.

About iShares MSCI Global Sustainable Development Goals ETF

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals.