iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE – Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 818,047 shares, a decline of 37.1% from the September 15th total of 1,300,566 shares. Based on an average trading volume of 760,240 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the company’s stock are sold short.
iShares ESG Aware MSCI EM ETF Trading Down 1.8%
NASDAQ ESGE traded down $0.94 during trading hours on Friday, hitting $50.99. The company’s stock had a trading volume of 479,497 shares, compared to its average volume of 1,029,538. iShares ESG Aware MSCI EM ETF has a 52 week low of $42.47 and a 52 week high of $57.11. The company has a market capitalization of $6.48 billion, a PE ratio of 14.52 and a beta of 0.76. The company’s 50-day simple moving average is $54.07 and its two-hundred day simple moving average is $52.74.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. Union Savings Bank boosted its holdings in iShares ESG Aware MSCI EM ETF by 9.8% during the 3rd quarter. Union Savings Bank now owns 3,836 shares of the company’s stock worth $208,000 after acquiring an additional 343 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares ESG Aware MSCI EM ETF by 11.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 75,793 shares of the company’s stock worth $4,105,000 after acquiring an additional 7,494 shares in the last quarter. Canandaigua National Bank & Trust Co. bought a new stake in shares of iShares ESG Aware MSCI EM ETF in the 3rd quarter worth $1,437,000. American National Bank & Trust bought a new stake in shares of iShares ESG Aware MSCI EM ETF in the 3rd quarter worth $60,000. Finally, Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares ESG Aware MSCI EM ETF during the third quarter valued at about $15,185,000.
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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares ESG Aware MSCI EM ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Receive News & Ratings for iShares ESG Aware MSCI EM ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares ESG Aware MSCI EM ETF and related companies with MarketBeat.com's FREE daily email newsletter.
