iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Large Volume Increase – Here’s Why

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw an uptick in trading volume on Wednesday . 279,623 shares changed hands during trading, an increase of 229% from the previous session’s volume of 85,099 shares.The stock last traded at $81.92 and had previously closed at $80.83.

iShares ESG Advanced MSCI EAFE ETF Price Performance

The company has a market cap of $1.01 billion, a PE ratio of 19.02 and a beta of 0.85. The business’s 50 day moving average is $78.47 and its 200-day moving average is $77.93.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EAFE ETF

Institutional investors and hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the 1st quarter valued at about $26,000. Evolution Wealth Management Inc. grew its stake in iShares ESG Advanced MSCI EAFE ETF by 65.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after buying an additional 165 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth approximately $34,000. SHP Wealth Management acquired a new position in iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth approximately $36,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in iShares ESG Advanced MSCI EAFE ETF in the third quarter valued at approximately $50,000.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.