iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Update

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 1,604,196 shares, a decrease of 33.9% from the February 26th total of 2,427,938 shares. Based on an average daily volume of 2,276,272 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.2% of the shares of the company are short sold.

iShares ESG Aware MSCI EM ETF Trading Down 0.5%

Shares of NASDAQ ESGE traded down $0.23 during midday trading on Friday, reaching $44.21. The company had a trading volume of 1,610,142 shares, compared to its average volume of 1,404,396. iShares ESG Aware MSCI EM ETF has a 1 year low of $30.57 and a 1 year high of $50.99. The business’s 50-day simple moving average is $47.64 and its 200 day simple moving average is $45.35. The stock has a market cap of $5.80 billion, a P/E ratio of 14.52 and a beta of 0.66.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC purchased a new stake in iShares ESG Aware MSCI EM ETF during the 3rd quarter valued at about $45,000. Nalls Sherbakoff Group LLC acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the fourth quarter valued at about $46,000. Vermillion & White Wealth Management Group LLC raised its stake in shares of iShares ESG Aware MSCI EM ETF by 21.7% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock worth $57,000 after purchasing an additional 230 shares during the last quarter. GGM Financials LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the third quarter worth about $58,000. Finally, North Star Investment Management Corp. acquired a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth about $63,000.

About iShares ESG Aware MSCI EM ETF

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.