iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Large Decrease in Short Interest

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totalling 661,800 shares, a decline of 24.2% from the September 15th total of 872,800 shares. Based on an average trading volume of 561,700 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

A number of hedge funds have recently made changes to their positions in ESGE. TIAA Trust National Association grew its holdings in iShares ESG Aware MSCI EM ETF by 13.1% during the 2nd quarter. TIAA Trust National Association now owns 5,754,518 shares of the company’s stock worth $192,557,000 after acquiring an additional 666,543 shares during the last quarter. Private Ocean LLC raised its position in iShares ESG Aware MSCI EM ETF by 204.5% during the 2nd quarter. Private Ocean LLC now owns 475,784 shares of the company’s stock worth $15,953,000 after purchasing an additional 319,528 shares during the last quarter. Money Design Co. Ltd. lifted its holdings in iShares ESG Aware MSCI EM ETF by 1.6% during the 3rd quarter. Money Design Co. Ltd. now owns 461,900 shares of the company’s stock worth $16,818,000 after buying an additional 7,257 shares during the period. Cambridge Trust Co. increased its stake in shares of iShares ESG Aware MSCI EM ETF by 2,202.0% in the first quarter. Cambridge Trust Co. now owns 168,757 shares of the company’s stock valued at $5,439,000 after buying an additional 161,426 shares during the period. Finally, Avior Wealth Management LLC bought a new stake in iShares ESG Aware MSCI EM ETF in the first quarter valued at approximately $4,633,000.

iShares ESG Aware MSCI EM ETF Stock Down 2.2 %

Shares of ESGE traded down $0.81 during midday trading on Tuesday, hitting $35.91. The company’s stock had a trading volume of 354,460 shares, compared to its average volume of 730,463. iShares ESG Aware MSCI EM ETF has a one year low of $29.12 and a one year high of $37.72. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 12.20 and a beta of 0.75. The company’s fifty day simple moving average is $34.84 and its two-hundred day simple moving average is $33.79.

iShares ESG Aware MSCI EM ETF Company Profile

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.