iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML) Hits New 12-Month High – Should You Buy?

iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $56.07 and last traded at $55.93, with a volume of 174658 shares traded. The stock had previously closed at $55.43.

iShares ESG Aware MSCI USA Small-Cap ETF Trading Up 0.9%

The firm’s 50-day moving average is $52.76 and its 200-day moving average is $49.86. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 17.85 and a beta of 1.08.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ESML. Quent Long Short Global Small Cap Fund LP bought a new stake in shares of iShares ESG Aware MSCI USA Small-Cap ETF during the fourth quarter worth about $3,446,000. Birchwood Financial Partners Inc. bought a new position in iShares ESG Aware MSCI USA Small-Cap ETF in the 4th quarter valued at about $2,546,000. Ferguson Wellman Capital Management Inc. bought a new position in iShares ESG Aware MSCI USA Small-Cap ETF in the 1st quarter valued at about $1,445,000. Flow Traders U.S. LLC acquired a new position in iShares ESG Aware MSCI USA Small-Cap ETF during the 3rd quarter valued at about $820,000. Finally, One Capital Management LLC boosted its stake in iShares ESG Aware MSCI USA Small-Cap ETF by 115.4% during the 4th quarter. One Capital Management LLC now owns 30,311 shares of the company’s stock valued at $1,394,000 after purchasing an additional 16,242 shares during the last quarter.

About iShares ESG Aware MSCI USA Small-Cap ETF

The iShares ESG Aware MSCI USA Small-Cap ETF (ESML) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap companies with high environmental, social, and governance factor scores as determined by MSCI. ESML was launched on Apr 10, 2018 and is managed by BlackRock.