iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Decrease in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 37,422 shares, a decline of 50.0% from the May 31st total of 74,826 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 54,963 shares, the days-to-cover ratio is presently 0.7 days.

iShares ESG Advanced MSCI USA ETF Stock Performance

USXF traded up $0.71 during trading hours on Tuesday, reaching $69.19. The company’s stock had a trading volume of 10,390 shares, compared to its average volume of 74,304. The company’s 50-day moving average is $66.18 and its 200-day moving average is $60.81. iShares ESG Advanced MSCI USA ETF has a 52 week low of $53.05 and a 52 week high of $69.89. The firm has a market cap of $1.46 billion, a PE ratio of 28.41 and a beta of 1.09.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.1226 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.49 annualized dividend and a dividend yield of 0.7%.

Institutional Trading of iShares ESG Advanced MSCI USA ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Orion Porfolio Solutions LLC lifted its position in iShares ESG Advanced MSCI USA ETF by 751.0% during the second quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock worth $22,910,000 after acquiring an additional 355,630 shares during the last quarter. Apella Capital LLC bought a new position in shares of iShares ESG Advanced MSCI USA ETF during the first quarter worth approximately $12,653,000. Sei Investments Co. lifted its holdings in iShares ESG Advanced MSCI USA ETF by 15.0% during the 2nd quarter. Sei Investments Co. now owns 715,184 shares of the company’s stock worth $38,570,000 after purchasing an additional 93,098 shares during the last quarter. Raymond James Financial Inc. boosted its stake in iShares ESG Advanced MSCI USA ETF by 318.0% in the 3rd quarter. Raymond James Financial Inc. now owns 104,620 shares of the company’s stock valued at $5,996,000 after purchasing an additional 79,592 shares during the period. Finally, Avise Financial Cooperative Inc. bought a new stake in iShares ESG Advanced MSCI USA ETF in the 4th quarter valued at $3,775,000.

iShares ESG Advanced MSCI USA ETF Company Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.