iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Stock Price Cross Below 200 Day Moving Average – Should You Sell?

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $82.34 and traded as low as $81.84. iShares ESG Advanced MSCI EAFE ETF shares last traded at $82.00, with a volume of 150,323 shares changing hands.

iShares ESG Advanced MSCI EAFE ETF Stock Performance

The stock has a market capitalization of $1.02 billion, a P/E ratio of 19.02 and a beta of 0.87. The stock has a 50 day moving average of $84.68 and a 200 day moving average of $82.34.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EAFE ETF

Several institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in iShares ESG Advanced MSCI EAFE ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,116,943 shares of the company’s stock valued at $94,493,000 after purchasing an additional 10,219 shares during the last quarter. IMA Advisory Services Inc. increased its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 0.5% in the first quarter. IMA Advisory Services Inc. now owns 736,635 shares of the company’s stock valued at $55,528,000 after purchasing an additional 3,655 shares during the period. Sei Investments Co. increased its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 4.6% in the first quarter. Sei Investments Co. now owns 373,978 shares of the company’s stock valued at $28,217,000 after purchasing an additional 16,417 shares during the period. SBE LLC DBA Cedar Cove Wealth Partners increased its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 1.1% in the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 248,418 shares of the company’s stock valued at $21,029,000 after purchasing an additional 2,719 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares ESG Advanced MSCI EAFE ETF by 1.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 214,571 shares of the company’s stock valued at $18,153,000 after buying an additional 2,322 shares during the last quarter.

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.