iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Volume Increase – Here’s Why

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) shares saw unusually-strong trading volume on Wednesday . Approximately 417,577 shares traded hands during mid-day trading, an increase of 271% from the previous session’s volume of 112,534 shares.The stock last traded at $58.41 and had previously closed at $57.70.

iShares ESG Advanced MSCI USA ETF Stock Down 0.3%

The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 28.41 and a beta of 1.05. The stock has a 50 day simple moving average of $57.77 and a 200 day simple moving average of $56.98.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.1785 per share. This represents a $0.71 annualized dividend and a yield of 1.2%. This is a boost from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Several institutional investors have recently added to or reduced their stakes in USXF. Financial Connections Group Inc. boosted its position in iShares ESG Advanced MSCI USA ETF by 2.0% during the fourth quarter. Financial Connections Group Inc. now owns 241,676 shares of the company’s stock worth $13,915,000 after purchasing an additional 4,624 shares during the period. Northland Securities Inc. bought a new stake in iShares ESG Advanced MSCI USA ETF during the fourth quarter valued at approximately $303,000. Halbert Hargrove Global Advisors LLC grew its position in iShares ESG Advanced MSCI USA ETF by 1.3% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 30,757 shares of the company’s stock worth $1,771,000 after acquiring an additional 402 shares in the last quarter. Warner Financial Inc. lifted its stake in iShares ESG Advanced MSCI USA ETF by 5.8% during the fourth quarter. Warner Financial Inc. now owns 4,911 shares of the company’s stock worth $283,000 after purchasing an additional 271 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 3.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 68,524 shares of the company’s stock worth $3,946,000 after purchasing an additional 2,195 shares in the last quarter.

iShares ESG Advanced MSCI USA ETF Company Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.