Lake Street Advisors Group LLC Has $9.81 Million Position in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU)

Lake Street Advisors Group LLC increased its holdings in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) by 42.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,134 shares of the company’s stock after purchasing an additional 22,838 shares during the period. Lake Street Advisors Group LLC owned approximately 0.07% of iShares ESG Aware MSCI USA ETF worth $9,808,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,973,235 shares of the company’s stock worth $1,384,603,000 after buying an additional 249,351 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in iShares ESG Aware MSCI USA ETF during the third quarter worth $23,495,000. Clarius Group LLC lifted its holdings in shares of iShares ESG Aware MSCI USA ETF by 1,458.7% during the fourth quarter. Clarius Group LLC now owns 160,932 shares of the company’s stock valued at $20,731,000 after acquiring an additional 150,607 shares during the period. Financial Advocates Investment Management boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 1,428.2% in the 3rd quarter. Financial Advocates Investment Management now owns 125,313 shares of the company’s stock valued at $15,812,000 after purchasing an additional 117,113 shares in the last quarter. Finally, Client 1ST Advisory Group LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF in the 4th quarter worth about $12,625,000.

iShares ESG Aware MSCI USA ETF Stock Down 0.5 %

Shares of ESGU stock opened at $129.85 on Wednesday. The company has a market capitalization of $13.93 billion, a P/E ratio of 25.85 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 12-month low of $108.40 and a 12-month high of $134.50. The firm has a 50-day moving average price of $131.36 and a 200 day moving average price of $128.45.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.408 dividend. 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.