iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) Short Interest Up 124.6% in May

iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 82,972 shares, an increase of 124.6% from the May 14th total of 36,950 shares. Approximately 10.9% of the company’s shares are sold short. Based on an average daily volume of 30,737 shares, the short-interest ratio is currently 2.7 days.

iShares ESG Aware MSCI USA Value ETF Stock Up 0.8%

Shares of BATS:EVUS opened at $35.24 on Friday. The company has a market cap of $26.78 million, a P/E ratio of 19.19 and a beta of 0.86. iShares ESG Aware MSCI USA Value ETF has a 52 week low of $29.18 and a 52 week high of $35.47. The business has a fifty day simple moving average of $34.18 and a 200-day simple moving average of $33.20.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA Value ETF

A number of institutional investors have recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in iShares ESG Aware MSCI USA Value ETF by 83.3% during the fourth quarter. LPL Financial LLC now owns 797,952 shares of the company’s stock valued at $25,566,000 after acquiring an additional 362,508 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in iShares ESG Aware MSCI USA Value ETF by 64.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 666,388 shares of the company’s stock valued at $21,351,000 after acquiring an additional 261,366 shares during the period. JPMorgan Chase & Co. grew its position in iShares ESG Aware MSCI USA Value ETF by 59.4% during the fourth quarter. JPMorgan Chase & Co. now owns 455,575 shares of the company’s stock valued at $14,597,000 after acquiring an additional 169,767 shares during the period. Park Avenue Securities LLC grew its position in iShares ESG Aware MSCI USA Value ETF by 65.4% during the fourth quarter. Park Avenue Securities LLC now owns 331,020 shares of the company’s stock valued at $10,606,000 after acquiring an additional 130,881 shares during the period. Finally, Lido Advisors LLC grew its position in iShares ESG Aware MSCI USA Value ETF by 3.6% during the fourth quarter. Lido Advisors LLC now owns 232,858 shares of the company’s stock valued at $7,331,000 after acquiring an additional 8,095 shares during the period.

iShares ESG Aware MSCI USA Value ETF Company Profile

The iShares ESG Aware MSCI USA Value ETF (EVUS) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund that tracks an index of US value stocks with certain environmental, social, and governance criteria. The fund aims to maximize its ESG exposure. EVUS was launched on Jan 31, 2023 and is managed by BlackRock.