Tower Research Capital LLC TRC Sells 57,268 Shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV)

Tower Research Capital LLC TRC trimmed its stake in iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) by 97.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,782 shares of the company’s stock after selling 57,268 shares during the quarter. Tower Research Capital LLC TRC’s holdings in iShares ESG MSCI USA Min Vol Factor ETF were worth $45,000 at the end of the most recent reporting period.

Separately, Guardian Capital LP bought a new position in iShares ESG MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $800,000.

iShares ESG MSCI USA Min Vol Factor ETF Price Performance

ESMV stock traded up $0.09 during mid-day trading on Thursday, reaching $25.65. The company had a trading volume of 256 shares, compared to its average volume of 9,129. The stock has a 50 day simple moving average of $26.03 and a two-hundred day simple moving average of $25.02. The company has a market capitalization of $11.54 million, a price-to-earnings ratio of 26.55 and a beta of 0.80. iShares ESG MSCI USA Min Vol Factor ETF has a 52 week low of $22.14 and a 52 week high of $26.62.

iShares ESG MSCI USA Min Vol Factor ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.1052 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.42 annualized dividend and a dividend yield of 1.64%.

iShares ESG MSCI USA Min Vol Factor ETF Company Profile

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.