Short Interest in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Drops By 50.0%

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 37,422 shares, a drop of 50.0% from the May 31st total of 74,826 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 54,963 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Alpha Financial Advisors LLC increased its position in iShares ESG Advanced MSCI USA ETF by 3.1% in the fourth quarter. Alpha Financial Advisors LLC now owns 6,006 shares of the company’s stock worth $346,000 after purchasing an additional 179 shares during the last quarter. National Wealth Management Group LLC lifted its position in iShares ESG Advanced MSCI USA ETF by 1.1% during the fourth quarter. National Wealth Management Group LLC now owns 17,099 shares of the company’s stock valued at $985,000 after purchasing an additional 187 shares during the last quarter. CreativeOne Wealth LLC grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 1.9% in the 4th quarter. CreativeOne Wealth LLC now owns 10,197 shares of the company’s stock worth $587,000 after buying an additional 195 shares in the last quarter. Penobscot Wealth Management grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 3.5% in the 4th quarter. Penobscot Wealth Management now owns 5,955 shares of the company’s stock worth $343,000 after buying an additional 202 shares in the last quarter. Finally, Opes Wealth Management LLC grew its position in iShares ESG Advanced MSCI USA ETF by 0.5% in the third quarter. Opes Wealth Management LLC now owns 45,005 shares of the company’s stock worth $2,579,000 after acquiring an additional 210 shares in the last quarter.

iShares ESG Advanced MSCI USA ETF Trading Down 1.0%

Shares of NASDAQ:USXF traded down $0.71 during mid-day trading on Wednesday, reaching $68.74. The stock had a trading volume of 20,112 shares, compared to its average volume of 74,191. The company has a market cap of $1.45 billion, a P/E ratio of 28.41 and a beta of 1.09. iShares ESG Advanced MSCI USA ETF has a 1 year low of $53.05 and a 1 year high of $69.89. The business’s 50 day moving average price is $66.33 and its 200 day moving average price is $60.89.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

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

About iShares ESG Advanced MSCI USA ETF

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.