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

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) shares saw unusually-strong trading volume on Monday . Approximately 400,012 shares were traded during mid-day trading, a decline of 22% from the previous session’s volume of 514,737 shares.The stock last traded at $34.05 and had previously closed at $33.68.

iShares ESG Aware MSCI EM ETF Price Performance

The firm has a market cap of $4.27 billion, a PE ratio of 12.20 and a beta of 0.75. The business has a fifty day moving average price of $34.57 and a two-hundred day moving average price of $34.62.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were issued a $0.0222 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

Several institutional investors have recently made changes to their positions in the stock. Highline Wealth Partners LLC purchased a new stake in iShares ESG Aware MSCI EM ETF in the 3rd quarter worth approximately $28,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth $66,000. Creative Financial Designs Inc. ADV boosted its position in iShares ESG Aware MSCI EM ETF by 37.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,150 shares of the company’s stock valued at $78,000 after purchasing an additional 591 shares during the last quarter. Sugarloaf Wealth Management LLC grew its stake in iShares ESG Aware MSCI EM ETF by 44.0% in the third quarter. Sugarloaf Wealth Management LLC now owns 2,319 shares of the company’s stock valued at $84,000 after purchasing an additional 709 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in iShares ESG Aware MSCI EM ETF by 175.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,688 shares of the company’s stock worth $171,000 after purchasing an additional 2,988 shares during the last quarter.

About iShares ESG Aware MSCI EM ETF

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.