Short Interest in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Declines By 11.2%

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 1,980,000 shares, a decrease of 11.2% from the July 15th total of 2,230,000 shares. Based on an average daily trading volume, of 890,300 shares, the short-interest ratio is currently 2.2 days.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

Several hedge funds have recently bought and sold shares of ESGU. Envestnet Asset Management Inc. raised its position in shares of iShares ESG Aware MSCI USA ETF by 3.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 12,700,969 shares of the company’s stock valued at $1,332,586,000 after buying an additional 382,145 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares ESG Aware MSCI USA ETF by 3.3% during the first quarter. JPMorgan Chase & Co. now owns 11,029,932 shares of the company’s stock worth $1,268,001,000 after purchasing an additional 355,054 shares during the last quarter. TIAA Trust National Association boosted its holdings in shares of iShares ESG Aware MSCI USA ETF by 15.4% in the 2nd quarter. TIAA Trust National Association now owns 5,291,135 shares of the company’s stock worth $633,274,000 after purchasing an additional 707,159 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares ESG Aware MSCI USA ETF by 6.1% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,885,572 shares of the company’s stock valued at $197,834,000 after purchasing an additional 107,590 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 8.8% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 1,160,614 shares of the company’s stock valued at $121,772,000 after buying an additional 93,614 shares in the last quarter.

iShares ESG Aware MSCI USA ETF Price Performance

NASDAQ:ESGU traded up $1.23 during trading hours on Monday, hitting $122.87. The stock had a trading volume of 256,699 shares, compared to its average volume of 875,688. The firm has a market capitalization of $13.02 billion, a price-to-earnings ratio of 25.85 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a one year low of $89.69 and a one year high of $124.11. The company has a 50 day simple moving average of $119.71 and a two-hundred day simple moving average of $115.32.

iShares ESG Aware MSCI USA ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.2916 dividend. This represents a $1.17 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date was Tuesday, June 11th.

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.