iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Short Interest Down 45.4% in May

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 29,100 shares, a decline of 45.4% from the May 15th total of 53,300 shares. Based on an average daily trading volume, of 171,100 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

iShares ESG Advanced MSCI USA ETF Stock Performance

Shares of USXF traded down $0.92 during mid-day trading on Friday, reaching $51.33. 57,028 shares of the company’s stock traded hands, compared to its average volume of 98,511. iShares ESG Advanced MSCI USA ETF has a 12 month low of $40.01 and a 12 month high of $52.76. The stock has a market capitalization of $1.37 billion, a P/E ratio of 27.01 and a beta of 1.03. The business’s 50-day moving average price is $48.45 and its 200-day moving average price is $49.29.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a $0.1026 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in USXF. Envestnet Asset Management Inc. grew its position in iShares ESG Advanced MSCI USA ETF by 11.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,079,847 shares of the company’s stock worth $252,570,000 after purchasing an additional 526,957 shares in the last quarter. LPL Financial LLC grew its position in iShares ESG Advanced MSCI USA ETF by 78.8% during the 4th quarter. LPL Financial LLC now owns 1,048,166 shares of the company’s stock worth $52,115,000 after purchasing an additional 462,065 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares ESG Advanced MSCI USA ETF by 10.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,507,637 shares of the company’s stock worth $74,960,000 after purchasing an additional 148,520 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares ESG Advanced MSCI USA ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 609,056 shares of the company’s stock worth $30,282,000 after purchasing an additional 133,495 shares in the last quarter. Finally, Spinnaker Trust grew its position in iShares ESG Advanced MSCI USA ETF by 64.1% during the 4th quarter. Spinnaker Trust now owns 332,968 shares of the company’s stock worth $16,555,000 after purchasing an additional 130,004 shares in the last quarter.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities.