Short Interest in iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Increases By 33.1%

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 53,900 shares, an increase of 33.1% from the August 15th total of 40,500 shares. Based on an average trading volume of 251,600 shares, the short-interest ratio is currently 0.2 days.

iShares ESG Aware MSCI EAFE ETF Stock Up 0.7 %

NASDAQ:ESGD traded up $0.61 during trading hours on Monday, reaching $82.63. 131,021 shares of the stock were exchanged, compared to its average volume of 282,434. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 15.45 and a beta of 0.86. iShares ESG Aware MSCI EAFE ETF has a twelve month low of $65.74 and a twelve month high of $83.65. The business has a 50-day moving average of $80.46 and a two-hundred day moving average of $79.77.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 36.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 629,563 shares of the company’s stock valued at $47,557,000 after acquiring an additional 166,639 shares during the period. Private Advisor Group LLC boosted its stake in iShares ESG Aware MSCI EAFE ETF by 821.7% during the 1st quarter. Private Advisor Group LLC now owns 161,744 shares of the company’s stock worth $12,925,000 after purchasing an additional 144,195 shares during the period. Clarity Asset Management Inc. purchased a new stake in iShares ESG Aware MSCI EAFE ETF during the 4th quarter valued at approximately $10,029,000. EP Wealth Advisors LLC raised its position in iShares ESG Aware MSCI EAFE ETF by 32.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 497,450 shares of the company’s stock worth $39,189,000 after buying an additional 123,283 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in iShares ESG Aware MSCI EAFE ETF by 4.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,629,400 shares of the company’s stock valued at $128,364,000 after purchasing an additional 75,363 shares during the period.

iShares ESG Aware MSCI EAFE ETF Company Profile

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.