iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sees Large Decrease in Short Interest

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 158,579 shares, a drop of 56.8% from the May 14th total of 366,767 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 323,418 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On iShares ESG Aware MSCI EAFE ETF

Several large investors have recently bought and sold shares of ESGD. Bank of America Corp DE grew its holdings in iShares ESG Aware MSCI EAFE ETF by 0.4% during the 3rd quarter. Bank of America Corp DE now owns 10,703,934 shares of the company’s stock worth $995,252,000 after acquiring an additional 44,374 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares ESG Aware MSCI EAFE ETF by 3.0% in the 4th quarter. JPMorgan Chase & Co. now owns 8,086,938 shares of the company’s stock worth $768,987,000 after purchasing an additional 237,327 shares during the last quarter. Northern Trust Corp boosted its position in shares of iShares ESG Aware MSCI EAFE ETF by 0.5% in the 4th quarter. Northern Trust Corp now owns 4,709,931 shares of the company’s stock worth $447,867,000 after purchasing an additional 22,635 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares ESG Aware MSCI EAFE ETF by 2.9% during the fourth quarter. Morgan Stanley now owns 4,392,541 shares of the company’s stock worth $417,687,000 after purchasing an additional 124,982 shares during the period. Finally, TIAA Trust National Association grew its stake in shares of iShares ESG Aware MSCI EAFE ETF by 3.2% during the third quarter. TIAA Trust National Association now owns 4,091,655 shares of the company’s stock worth $379,432,000 after purchasing an additional 127,473 shares during the period.

iShares ESG Aware MSCI EAFE ETF Trading Up 3.2%

Shares of NASDAQ:ESGD opened at $103.51 on Friday. The stock has a market capitalization of $11.55 billion, a P/E ratio of 16.73 and a beta of 0.79. iShares ESG Aware MSCI EAFE ETF has a 1-year low of $85.48 and a 1-year high of $104.81. The business has a 50-day moving average price of $101.34 and a two-hundred day moving average price of $98.97.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.