iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Large Decline in Short Interest

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 29,073 shares, a decline of 51.5% from the August 31st total of 59,929 shares. Based on an average daily volume of 17,327 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EAFE ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 0.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,116,943 shares of the company’s stock worth $94,493,000 after acquiring an additional 10,219 shares during the period. IMA Advisory Services Inc. increased its position in iShares ESG Advanced MSCI EAFE ETF by 0.5% during the 1st 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 position in iShares ESG Advanced MSCI EAFE ETF by 4.6% during the 1st 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. Envestnet Portfolio Solutions Inc. raised its holdings in iShares ESG Advanced MSCI EAFE ETF by 1.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 214,571 shares of the company’s stock worth $18,153,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in iShares ESG Advanced MSCI EAFE ETF by 1.1% during the 2nd quarter. Allworth Financial LP now owns 179,916 shares of the company’s stock worth $15,221,000 after purchasing an additional 1,875 shares during the last quarter.

iShares ESG Advanced MSCI EAFE ETF Price Performance

NASDAQ DMXF traded down $0.77 on Thursday, reaching $83.89. The company had a trading volume of 15,558 shares, compared to its average volume of 82,891. The firm has a market cap of $998.23 million, a price-to-earnings ratio of 19.02 and a beta of 0.85. iShares ESG Advanced MSCI EAFE ETF has a fifty-two week low of $72.41 and a fifty-two week high of $88.06. The business has a 50 day moving average of $85.71 and a two-hundred day moving average of $82.74.

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.