iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Trading Up 0.4% – Should You Buy?

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) were up 0.4% during trading on Friday . The company traded as high as $30.18 and last traded at $30.16. Approximately 206 shares were traded during trading, a decline of 58% from the average daily volume of 488 shares. The stock had previously closed at $30.05.

iShares ESG MSCI USA Min Vol Factor ETF Trading Up 0.4%

The stock has a market cap of $7.54 million, a price-to-earnings ratio of 23.32 and a beta of 0.71. The stock has a fifty day simple moving average of $29.39 and a 200-day simple moving average of $29.16.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.1178 per share. This represents a $0.47 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Trading of iShares ESG MSCI USA Min Vol Factor ETF

A hedge fund recently raised its stake in iShares ESG MSCI USA Min Vol Factor ETF stock. Citadel Advisors LLC increased its stake in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) by 42.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,069 shares of the company’s stock after buying an additional 3,305 shares during the quarter. Citadel Advisors LLC owned 4.43% of iShares ESG MSCI USA Min Vol Factor ETF worth $323,000 at the end of the most recent reporting period.

About iShares ESG MSCI USA Min Vol Factor ETF

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.