iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Large Decline in Short Interest

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,020,376 shares, a drop of 36.0% from the June 30th total of 1,593,286 shares. Based on an average daily volume of 639,255 shares, the short-interest ratio is presently 1.6 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ESGE. Basecamp Wealth Advisors LLC raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 9.3% during the first quarter. Basecamp Wealth Advisors LLC now owns 2,482 shares of the company’s stock worth $113,000 after purchasing an additional 211 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in shares of iShares ESG Aware MSCI EM ETF by 21.7% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock valued at $57,000 after purchasing an additional 230 shares in the last quarter. Bear Mountain Capital Inc. increased its holdings in shares of iShares ESG Aware MSCI EM ETF by 0.5% during the 4th quarter. Bear Mountain Capital Inc. now owns 45,930 shares of the company’s stock valued at $2,153,000 after purchasing an additional 250 shares in the last quarter. Continuum Advisory LLC lifted its stake in shares of iShares ESG Aware MSCI EM ETF by 4.5% in the 4th quarter. Continuum Advisory LLC now owns 6,859 shares of the company’s stock valued at $303,000 after purchasing an additional 298 shares during the period. Finally, Koss Olinger Consulting LLC lifted its stake in shares of iShares ESG Aware MSCI EM ETF by 0.7% in the 1st quarter. Koss Olinger Consulting LLC now owns 61,367 shares of the company’s stock valued at $2,790,000 after purchasing an additional 422 shares during the period.

iShares ESG Aware MSCI EM ETF Stock Performance

Shares of ESGE opened at $51.52 on Friday. The company has a 50 day moving average price of $53.37 and a 200-day moving average price of $50.29. iShares ESG Aware MSCI EM ETF has a fifty-two week low of $39.00 and a fifty-two week high of $57.11. The stock has a market capitalization of $6.58 billion, a PE ratio of 14.52 and a beta of 0.75.

iShares ESG Aware MSCI EM ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.4023 per share. The ex-dividend date of this dividend was Monday, June 15th.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.