iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Large Drop in Short Interest

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGEGet Free Report) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 588,700 shares, a decline of 49.3% from the February 13th total of 1,160,000 shares. Based on an average daily volume of 734,200 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

A number of hedge funds have recently made changes to their positions in ESGE. JPMorgan Chase & Co. raised its stake in iShares ESG Aware MSCI EM ETF by 4.4% in the third quarter. JPMorgan Chase & Co. now owns 1,961,054 shares of the company’s stock valued at $71,402,000 after buying an additional 83,263 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in iShares ESG Aware MSCI EM ETF by 14.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 60,427 shares of the company’s stock worth $2,018,000 after acquiring an additional 7,841 shares during the period. BNP Paribas Financial Markets grew its holdings in iShares ESG Aware MSCI EM ETF by 175.8% during the third quarter. BNP Paribas Financial Markets now owns 4,688 shares of the company’s stock worth $171,000 after acquiring an additional 2,988 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in iShares ESG Aware MSCI EM ETF during the fourth quarter worth about $304,000. Finally, Trust Co. of Vermont grew its holdings in iShares ESG Aware MSCI EM ETF by 61.8% during the fourth quarter. Trust Co. of Vermont now owns 1,560 shares of the company’s stock worth $52,000 after acquiring an additional 596 shares during the period.

iShares ESG Aware MSCI EM ETF Stock Up 1.7 %

NASDAQ ESGE traded up $0.61 during trading hours on Friday, reaching $35.60. The company’s stock had a trading volume of 719,922 shares, compared to its average volume of 654,426. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 14.49 and a beta of 0.75. iShares ESG Aware MSCI EM ETF has a 1 year low of $31.01 and a 1 year high of $37.72. The firm’s 50-day moving average price is $34.67 and its 200-day moving average price is $34.90.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were paid a dividend of $0.0222 per share. The ex-dividend date of this dividend was Monday, December 30th.

iShares ESG Aware MSCI EM ETF Company Profile

(Get Free Report)

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.

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