Short Interest in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Declines By 9.1%

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 2,100,000 shares, a decline of 9.1% from the December 15th total of 2,310,000 shares. Based on an average daily trading volume, of 729,400 shares, the days-to-cover ratio is currently 2.9 days.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Several hedge funds and other institutional investors have recently made changes to their positions in ESGU. Renaissance Technologies LLC grew its holdings in iShares ESG Aware MSCI USA ETF by 135.0% during the second quarter. Renaissance Technologies LLC now owns 32,200 shares of the company’s stock worth $3,842,000 after purchasing an additional 18,500 shares during the period. Blair William & Co. IL lifted its position in shares of iShares ESG Aware MSCI USA ETF by 8.7% in the second quarter. Blair William & Co. IL now owns 12,482 shares of the company’s stock valued at $1,489,000 after buying an additional 1,003 shares during the last quarter. Brighton Jones LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 6.2% during the 2nd quarter. Brighton Jones LLC now owns 2,509 shares of the company’s stock worth $299,000 after acquiring an additional 146 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 65.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,787 shares of the company’s stock worth $822,000 after acquiring an additional 2,684 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in iShares ESG Aware MSCI USA ETF in the 2nd quarter valued at $1,084,000.

iShares ESG Aware MSCI USA ETF Stock Performance

ESGU opened at $131.66 on Monday. The business’s 50-day simple moving average is $131.07 and its 200 day simple moving average is $126.02. The firm has a market capitalization of $13.49 billion, a PE ratio of 25.85 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 52-week low of $104.14 and a 52-week high of $134.27.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.408 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.