iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Large Volume Increase – Still a Buy?

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw strong trading volume on Friday . 52,705 shares changed hands during trading, an increase of 2% from the previous session’s volume of 51,702 shares.The stock last traded at $75.5740 and had previously closed at $76.40.

iShares ESG Advanced MSCI EAFE ETF Trading Down 0.4%

The business’s 50-day simple moving average is $76.04 and its 200-day simple moving average is $74.12. The company has a market capitalization of $656.50 million, a PE ratio of 19.02 and a beta of 0.89.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EAFE ETF

Several hedge funds have recently bought and sold shares of DMXF. Flow Traders U.S. LLC purchased a new position in iShares ESG Advanced MSCI EAFE ETF during the first quarter valued at $12,096,000. Jane Street Group LLC raised its stake in iShares ESG Advanced MSCI EAFE ETF by 273.0% in the 1st quarter. Jane Street Group LLC now owns 114,721 shares of the company’s stock valued at $7,725,000 after purchasing an additional 83,965 shares during the last quarter. Bailard Inc. purchased a new position in iShares ESG Advanced MSCI EAFE ETF in the 2nd quarter valued at $5,272,000. Baillie Gifford & Co. acquired a new stake in iShares ESG Advanced MSCI EAFE ETF during the 3rd quarter worth $2,681,000. Finally, CWM LLC grew its holdings in shares of iShares ESG Advanced MSCI EAFE ETF by 775.6% during the second quarter. CWM LLC now owns 37,274 shares of the company’s stock worth $2,775,000 after buying an additional 33,017 shares in the last quarter.

iShares ESG Advanced MSCI EAFE ETF Company Profile

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.