iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Significant Drop in Short Interest

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 1,160,000 shares, a drop of 38.9% from the January 31st total of 1,900,000 shares. Based on an average trading volume of 763,800 shares, the short-interest ratio is presently 1.5 days.

iShares ESG Aware MSCI EM ETF Stock Performance

Shares of NASDAQ ESGE traded down $0.30 during midday trading on Monday, hitting $34.39. The company’s stock had a trading volume of 762,850 shares, compared to its average volume of 667,127. iShares ESG Aware MSCI EM ETF has a 1-year low of $31.01 and a 1-year high of $37.72. The firm’s fifty day moving average price is $34.40 and its 200-day moving average price is $34.86. The firm has a market cap of $4.48 billion, a P/E ratio of 14.49 and a beta of 0.73.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a $0.0222 dividend. The ex-dividend date was Monday, December 30th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

Several hedge funds have recently bought and sold shares of the company. TIAA Trust National Association raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 0.6% in the 4th quarter. TIAA Trust National Association now owns 6,177,766 shares of the company’s stock worth $206,956,000 after purchasing an additional 36,306 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares ESG Aware MSCI EM ETF by 6.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,079,355 shares of the company’s stock worth $69,430,000 after buying an additional 118,301 shares during the last quarter. Acorns Advisers LLC lifted its position in shares of iShares ESG Aware MSCI EM ETF by 5.5% in the fourth quarter. Acorns Advisers LLC now owns 1,196,670 shares of the company’s stock worth $39,957,000 after buying an additional 62,366 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of iShares ESG Aware MSCI EM ETF by 3.8% in the fourth quarter. Baird Financial Group Inc. now owns 102,526 shares of the company’s stock worth $3,423,000 after purchasing an additional 3,759 shares during the period. Finally, Quent Capital LLC increased its stake in shares of iShares ESG Aware MSCI EM ETF by 9.5% in the fourth quarter. Quent Capital LLC now owns 99,573 shares of the company’s stock worth $3,325,000 after purchasing an additional 8,658 shares during the period.

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.