iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Unusually-High Trading Volume – Time to Buy?

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) shares saw strong trading volume on Thursday . 30,431 shares traded hands during mid-day trading, an increase of 9% from the previous session’s volume of 27,819 shares.The stock last traded at $68.67 and had previously closed at $68.20.

iShares ESG Advanced MSCI EAFE ETF Price Performance

The company’s 50-day moving average price is $70.49 and its two-hundred day moving average price is $68.66. The company has a market capitalization of $739.91 million, a P/E ratio of 18.77 and a beta of 0.91.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EAFE ETF

Several hedge funds have recently bought and sold shares of DMXF. CreativeOne Wealth LLC bought a new position in shares of iShares ESG Advanced MSCI EAFE ETF during the first quarter worth approximately $230,000. Avantax Advisory Services Inc. boosted its position in shares of iShares ESG Advanced MSCI EAFE ETF by 14.9% in the first quarter. Avantax Advisory Services Inc. now owns 9,159 shares of the company’s stock valued at $624,000 after acquiring an additional 1,189 shares during the period. Cetera Advisors LLC grew its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 102.2% in the first quarter. Cetera Advisors LLC now owns 16,471 shares of the company’s stock valued at $1,122,000 after acquiring an additional 8,327 shares in the last quarter. Continuum Advisory LLC increased its position in iShares ESG Advanced MSCI EAFE ETF by 24.5% during the second quarter. Continuum Advisory LLC now owns 1,012 shares of the company’s stock worth $68,000 after acquiring an additional 199 shares during the period. Finally, Diversify Advisory Services LLC raised its stake in iShares ESG Advanced MSCI EAFE ETF by 2.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 11,133 shares of the company’s stock worth $759,000 after purchasing an additional 302 shares in the last quarter.

iShares ESG Advanced MSCI EAFE ETF Company Profile

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.