28-Feb-2025
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The iShares ESG Aware MSCI USA ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index. The Underlying Index is an optimized equity index designed to reflect the equity performance of U.S. companies that have positive environmental, social and governance ( ESG ) characteristics (as determined by the Index Provider), while exhibiting risk and return characteristics similar to those of the MSCI USA Index (the Parent Index ). The Index Provider begins with the Parent Index, excludes securities of companies involved in the business of tobacco and controversial weapons companies, as well as securities of companies involved in very severe business controversies (as determined by the Index Provider), and then follows a quantitative process that is designed to determine optimal weights for securities to maximize exposure to securities of companies with higher ESG ratings, subject to maintaining risk and return characteristics similar to the Parent Index.
iShares Esg Aware MSCI USA ETF trades on the NASDAQ stock market under the symbol ESGU.
As of February 28, 2025, ESGU stock price climbed to $129.89 with 763,575 million shares trading.
ESGU has a market cap of $13.96 billion. This is considered a Large Cap stock.
In the last 3 years, ESGU traded as high as $134.50 and as low as $77.28.
ESGU has underperformed the market in the last year with a price return of +18.1% while the SPY ETF gained +18.8%. ESGU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.2% and -2.7%, respectively, while the SPY returned -0.4% and -2.5%, respectively.
ESGU support price is $126.68 and resistance is $129.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ESGU shares will trade within this expected range on the day.