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

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) 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

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.