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

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw unusually-high trading volume on Monday . Approximately 30,758 shares changed hands during trading, a decline of 26% from the previous session’s volume of 41,317 shares.The stock last traded at $69.02 and had previously closed at $69.40.

iShares ESG Advanced MSCI EAFE ETF Trading Up 0.4 %

The stock’s 50-day moving average is $68.28 and its 200-day moving average is $68.16. The stock has a market cap of $846.31 million, a price-to-earnings ratio of 19.70 and a beta of 0.91.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EAFE ETF

Hedge funds have recently made changes to their positions in the business. WealthTrak Capital Management LLC purchased a new stake in iShares ESG Advanced MSCI EAFE ETF during the 4th quarter worth $25,000. Capital A Wealth Management LLC purchased a new position in iShares ESG Advanced MSCI EAFE ETF in the fourth quarter valued at about $27,000. Clarity Asset Management Inc. acquired a new position in shares of iShares ESG Advanced MSCI EAFE ETF during the third quarter worth about $41,000. PNC Financial Services Group Inc. boosted its position in shares of iShares ESG Advanced MSCI EAFE ETF by 57.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 847 shares of the company’s stock worth $55,000 after buying an additional 309 shares during the period. Finally, Sofi Wealth LLC acquired a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the fourth quarter valued at about $91,000.

About iShares ESG Advanced MSCI EAFE ETF

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.