iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sees Large Decrease in Short Interest

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 158,579 shares, a decline of 56.8% from the May 14th total of 366,767 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 323,418 shares, the days-to-cover ratio is currently 0.5 days.

iShares ESG Aware MSCI EAFE ETF Price Performance

iShares ESG Aware MSCI EAFE ETF stock opened at $103.51 on Friday. The firm has a market capitalization of $11.55 billion, a P/E ratio of 16.73 and a beta of 0.79. The stock has a fifty day moving average price of $101.34 and a two-hundred day moving average price of $98.97. iShares ESG Aware MSCI EAFE ETF has a 52-week low of $85.48 and a 52-week high of $104.81.

Institutional Investors Weigh In On iShares ESG Aware MSCI EAFE ETF

A number of hedge funds have recently made changes to their positions in ESGD. Brighton Jones LLC increased its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 13.7% during the fourth quarter. Brighton Jones LLC now owns 10,341 shares of the company’s stock worth $787,000 after buying an additional 1,249 shares in the last quarter. Prudential Financial Inc. bought a new stake in iShares ESG Aware MSCI EAFE ETF during the 2nd quarter worth approximately $268,000. CW Advisors LLC grew its position in iShares ESG Aware MSCI EAFE ETF by 6.0% during the 2nd quarter. CW Advisors LLC now owns 3,260 shares of the company’s stock worth $291,000 after acquiring an additional 185 shares during the last quarter. NewEdge Advisors LLC increased its holdings in iShares ESG Aware MSCI EAFE ETF by 19.6% during the 2nd quarter. NewEdge Advisors LLC now owns 80,269 shares of the company’s stock valued at $7,162,000 after purchasing an additional 13,136 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in iShares ESG Aware MSCI EAFE ETF by 54.4% during the 2nd quarter. Diversify Advisory Services LLC now owns 5,624 shares of the company’s stock valued at $510,000 after purchasing an additional 1,982 shares in the last quarter.

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.