iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Short Interest Down 14.0% in February

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,850,000 shares, a decline of 14.0% from the February 13th total of 2,150,000 shares. Approximately 1.7% of the company’s stock are short sold. Based on an average daily volume of 864,000 shares, the days-to-cover ratio is presently 2.1 days.

iShares ESG Aware MSCI USA ETF Stock Up 1.2 %

iShares ESG Aware MSCI USA ETF stock traded up $1.45 during midday trading on Wednesday, hitting $123.56. 236,318 shares of the stock were exchanged, compared to its average volume of 730,862. iShares ESG Aware MSCI USA ETF has a 52-week low of $108.40 and a 52-week high of $134.50. The stock has a market capitalization of $12.94 billion, a price-to-earnings ratio of 25.16 and a beta of 1.04. The business’s 50-day moving average price is $129.81 and its 200-day moving average price is $128.77.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be issued a dividend of $0.3282 per share. The ex-dividend date is Tuesday, March 18th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in iShares ESG Aware MSCI USA ETF by 8.5% during the fourth quarter. JPMorgan Chase & Co. now owns 11,904,019 shares of the company’s stock worth $1,533,476,000 after purchasing an additional 930,784 shares during the last quarter. Northern Trust Corp boosted its stake in iShares ESG Aware MSCI USA ETF by 31.8% in the fourth quarter. Northern Trust Corp now owns 6,591,007 shares of the company’s stock valued at $849,054,000 after acquiring an additional 1,589,941 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares ESG Aware MSCI USA ETF by 1.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,988,225 shares of the company’s stock valued at $384,943,000 after acquiring an additional 43,972 shares during the last quarter. LPL Financial LLC boosted its stake in iShares ESG Aware MSCI USA ETF by 16.5% in the fourth quarter. LPL Financial LLC now owns 1,688,041 shares of the company’s stock valued at $217,453,000 after acquiring an additional 239,232 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in iShares ESG Aware MSCI USA ETF by 44.0% in the fourth quarter. BNP Paribas Financial Markets now owns 859,394 shares of the company’s stock valued at $110,707,000 after acquiring an additional 262,391 shares during the last quarter.

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.