FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) Stock Price Pass Above 200-Day Moving Average – Should You Sell?

Shares of FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $167.02 and traded as high as $169.93. FlexShares STOXX Global ESG Select Index Fund shares last traded at $169.93, with a volume of 290 shares traded.

FlexShares STOXX Global ESG Select Index Fund Price Performance

The firm has a market capitalization of $186.92 million, a PE ratio of 19.22 and a beta of 0.95. The business’s 50 day moving average is $170.95 and its two-hundred day moving average is $167.02.

Institutional Trading of FlexShares STOXX Global ESG Select Index Fund

Several institutional investors and hedge funds have recently made changes to their positions in ESGG. CoreCap Advisors LLC bought a new position in FlexShares STOXX Global ESG Select Index Fund in the second quarter valued at $510,000. Synergy Asset Management LLC purchased a new position in shares of FlexShares STOXX Global ESG Select Index Fund in the 2nd quarter worth about $229,000. Centaurus Financial Inc. boosted its holdings in shares of FlexShares STOXX Global ESG Select Index Fund by 10.9% in the 3rd quarter. Centaurus Financial Inc. now owns 4,208 shares of the company’s stock worth $726,000 after purchasing an additional 414 shares in the last quarter. Finally, Highline Wealth Partners LLC bought a new position in shares of FlexShares STOXX Global ESG Select Index Fund during the 3rd quarter valued at about $57,000.

About FlexShares STOXX Global ESG Select Index Fund

The FlexShares STOXX Global ESG Select Index Fund (ESGG) is an exchange-traded fund that is based on the STOXX Global ESG Select KPIs index. The fund follows a principles-based global index composed of companies that exhibit environmental, social, and corporate governance (ESG) characteristics. ESGG was launched on Jul 13, 2016 and is managed by FlexShares.