Foundations Investment Advisors LLC Has $37.99 Million Stake in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Foundations Investment Advisors LLC reduced its holdings in shares of iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU – Get Rating) by 12.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 448,229 shares of the company’s stock after selling 63,124 shares during the period. iShares ESG Aware MSCI USA ETF comprises about 1.5% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Foundations Investment Advisors LLC owned 0.19% of iShares ESG Aware MSCI USA ETF worth $37,987,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pensionmark Financial Group LLC increased its stake in iShares ESG Aware MSCI USA ETF by 8.5% in the second quarter. Pensionmark Financial Group LLC now owns 42,867 shares of the company’s stock valued at $3,969,000 after purchasing an additional 3,369 shares in the last quarter. Institute for Wealth Management LLC. increased its holdings in iShares ESG Aware MSCI USA ETF by 3.9% during the 3rd quarter. Institute for Wealth Management LLC. now owns 42,099 shares of the company’s stock valued at $3,343,000 after purchasing an additional 1,587 shares during the period. Horizons Wealth Management purchased a new position in shares of iShares ESG Aware MSCI USA ETF during the 2nd quarter worth approximately $400,000. Northern Trust Corp lifted its position in iShares ESG Aware MSCI USA ETF by 6.1% in the 2nd quarter. Northern Trust Corp now owns 1,755,210 shares of the company’s stock valued at $147,262,000 after acquiring an additional 100,778 shares in the last quarter. Finally, Copperleaf Capital LLC grew its stake in shares of iShares ESG Aware MSCI USA ETF by 2.1% during the 2nd quarter. Copperleaf Capital LLC now owns 74,256 shares of the company’s stock valued at $6,230,000 after acquiring an additional 1,524 shares during the period.

iShares ESG Aware MSCI USA ETF Trading Down 1.2 %

NASDAQ:ESGU traded down $1.03 during midday trading on Friday, hitting $86.54. 50,696,951 shares of the company traded hands, compared to its average volume of 2,063,409. The firm’s fifty day moving average is $88.84 and its 200-day moving average is $86.65. iShares ESG Aware MSCI USA ETF has a 12-month low of $77.28 and a 12-month high of $103.76. The firm has a market capitalization of $19.22 billion, a P/E ratio of 18.83 and a beta of 1.01.

iShares ESG Aware MSCI USA ETF Company Profile

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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.