iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Short Interest Update

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 523,437 shares, a decline of 57.8% from the May 31st total of 1,241,237 shares. Based on an average trading volume of 539,600 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of iShares ESG Aware MSCI USA ETF by 3.5% in the 1st quarter. Bank of America Corp DE now owns 13,803,021 shares of the company’s stock valued at $1,952,023,000 after purchasing an additional 467,558 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after purchasing an additional 411,010 shares during the last quarter. TIAA Trust National Association increased its position in shares of iShares ESG Aware MSCI USA ETF by 0.8% during the 4th quarter. TIAA Trust National Association now owns 5,986,011 shares of the company’s stock worth $897,324,000 after purchasing an additional 47,266 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of iShares ESG Aware MSCI USA ETF by 2.1% during the 1st quarter. Wealthfront Advisers LLC now owns 2,646,197 shares of the company’s stock worth $374,225,000 after purchasing an additional 54,889 shares in the last quarter. Finally, Acorns Advisers LLC lifted its holdings in iShares ESG Aware MSCI USA ETF by 0.8% during the 4th quarter. Acorns Advisers LLC now owns 2,565,822 shares of the company’s stock valued at $382,256,000 after purchasing an additional 21,004 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

Shares of iShares ESG Aware MSCI USA ETF stock traded up $1.25 during trading on Tuesday, hitting $163.79. The stock had a trading volume of 130,241 shares, compared to its average volume of 563,909. The business has a fifty day moving average of $160.66 and a two-hundred day moving average of $152.53. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $134.52 and a fifty-two week high of $166.46. The firm has a market cap of $17.31 billion, a P/E ratio of 25.34 and a beta of 1.03.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.3431 per share. This represents a $1.37 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, June 15th.

iShares ESG Aware MSCI USA ETF Company Profile

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.