Short Interest in iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Decreases By 36.6%

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 10,798 shares, a decrease of 36.6% from the July 15th total of 17,030 shares. Based on an average trading volume of 12,618 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EM ETF

Several hedge funds have recently modified their holdings of the company. Timmons Wealth Management LLC purchased a new position in shares of iShares ESG Advanced MSCI EM ETF in the 4th quarter worth approximately $25,000. Kestra Advisory Services LLC purchased a new position in iShares ESG Advanced MSCI EM ETF in the fourth quarter worth $36,000. Smartleaf Asset Management LLC boosted its position in iShares ESG Advanced MSCI EM ETF by 795.7% in the second quarter. Smartleaf Asset Management LLC now owns 1,254 shares of the company’s stock worth $53,000 after purchasing an additional 1,114 shares during the last quarter. Financially in Tune LLC bought a new position in iShares ESG Advanced MSCI EM ETF in the 4th quarter valued at $213,000. Finally, Mccarter Private Wealth Services LLC bought a new position in iShares ESG Advanced MSCI EM ETF in the 4th quarter valued at $254,000.

iShares ESG Advanced MSCI EM ETF Price Performance

Shares of EMXF stock traded down $1.27 on Tuesday, hitting $55.81. The stock had a trading volume of 9,687 shares, compared to its average volume of 8,196. The business has a 50 day moving average of $56.58 and a 200 day moving average of $53.51. iShares ESG Advanced MSCI EM ETF has a 12-month low of $42.96 and a 12-month high of $60.04. The stock has a market cap of $161.85 million, a price-to-earnings ratio of 13.05 and a beta of 0.70.

iShares ESG Advanced MSCI EM ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.466 dividend. The ex-dividend date of this dividend was Monday, June 15th.

About iShares ESG Advanced MSCI EM ETF

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.