Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Decreases By 67.7%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 213,900 shares, a decrease of 67.7% from the September 30th total of 661,800 shares. Based on an average daily trading volume, of 511,400 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ESGE. TIAA Trust National Association grew its position in iShares ESG Aware MSCI EM ETF by 13.1% during the 2nd quarter. TIAA Trust National Association now owns 5,754,518 shares of the company’s stock worth $192,557,000 after purchasing an additional 666,543 shares during the period. Private Ocean LLC boosted its position in iShares ESG Aware MSCI EM ETF by 204.5% in the 2nd quarter. Private Ocean LLC now owns 475,784 shares of the company’s stock worth $15,953,000 after purchasing an additional 319,528 shares in the last quarter. Cambridge Trust Co. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 2,202.0% during the 1st quarter. Cambridge Trust Co. now owns 168,757 shares of the company’s stock worth $5,439,000 after purchasing an additional 161,426 shares during the period. Eastern Bank purchased a new position in shares of iShares ESG Aware MSCI EM ETF during the 3rd quarter valued at approximately $5,848,000. Finally, Avior Wealth Management LLC acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter valued at $4,633,000.

iShares ESG Aware MSCI EM ETF Price Performance

ESGE traded up $0.01 during trading on Friday, reaching $35.85. 476,216 shares of the company’s stock were exchanged, compared to its average volume of 718,758. iShares ESG Aware MSCI EM ETF has a 1 year low of $29.15 and a 1 year high of $37.72. The company’s fifty day simple moving average is $35.30 and its 200-day simple moving average is $33.98. The stock has a market capitalization of $4.56 billion, a P/E ratio of 12.20 and a beta of 0.75.

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.