iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Strong Trading Volume – Should You Buy?

Shares of iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw unusually-strong trading volume on Friday . Approximately 79,022 shares were traded during mid-day trading, an increase of 179% from the previous session’s volume of 28,293 shares.The stock last traded at $68.10 and had previously closed at $69.23.

iShares ESG Advanced MSCI EAFE ETF Trading Down 1.7 %

The firm has a market cap of $735.16 million, a P/E ratio of 18.77 and a beta of 0.91. The company’s fifty day moving average price is $70.15 and its two-hundred day moving average price is $68.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DMXF. GPS Wealth Strategies Group LLC increased its position in iShares ESG Advanced MSCI EAFE ETF by 49.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 671 shares of the company’s stock valued at $45,000 after acquiring an additional 221 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new stake in iShares ESG Advanced MSCI EAFE ETF in the second quarter worth about $57,000. Continuum Advisory LLC lifted its position in iShares ESG Advanced MSCI EAFE ETF by 24.5% during the 2nd quarter. Continuum Advisory LLC now owns 1,012 shares of the company’s stock valued at $68,000 after purchasing an additional 199 shares during the period. JFS Wealth Advisors LLC lifted its position in iShares ESG Advanced MSCI EAFE ETF by 16.8% during the 3rd quarter. JFS Wealth Advisors LLC now owns 1,577 shares of the company’s stock valued at $114,000 after purchasing an additional 227 shares during the period. Finally, Sugarloaf Wealth Management LLC boosted its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 38.1% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 2,259 shares of the company’s stock valued at $163,000 after purchasing an additional 623 shares during the last quarter.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.