Birchwood Financial Partners Inc. Invests $1.69 Million in iShares ESG Aware MSCI EM ETF $ESGE

Birchwood Financial Partners Inc. purchased a new stake in shares of iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,176 shares of the company’s stock, valued at approximately $1,686,000. iShares ESG Aware MSCI EM ETF comprises about 1.7% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its 16th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vermillion & White Wealth Management Group LLC boosted its position in iShares ESG Aware MSCI EM ETF by 21.7% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock valued at $57,000 after buying an additional 230 shares during the last quarter. GGM Financials LLC bought a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth $58,000. EQ Wealth Advisors LLC acquired a new position in shares of iShares ESG Aware MSCI EM ETF during the fourth quarter valued at $70,000. Rossby Financial LCC lifted its stake in shares of iShares ESG Aware MSCI EM ETF by 18.0% during the fourth quarter. Rossby Financial LCC now owns 2,941 shares of the company’s stock valued at $130,000 after acquiring an additional 449 shares during the period. Finally, Root Financial Partners LLC lifted its stake in shares of iShares ESG Aware MSCI EM ETF by 53.0% during the fourth quarter. Root Financial Partners LLC now owns 4,718 shares of the company’s stock valued at $208,000 after acquiring an additional 1,634 shares during the period.

iShares ESG Aware MSCI EM ETF Trading Up 3.1%

Shares of NASDAQ:ESGE opened at $56.57 on Friday. The stock has a market capitalization of $7.38 billion, a P/E ratio of 14.52 and a beta of 0.75. iShares ESG Aware MSCI EM ETF has a 1-year low of $37.46 and a 1-year high of $56.80. The business has a 50-day moving average price of $52.52 and a two-hundred day moving average price of $48.52.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.4023 per share. The ex-dividend date was Monday, June 15th.

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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.