iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Short Interest Update

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 523,437 shares, a drop of 57.8% from the May 31st total of 1,241,237 shares. Based on an average daily volume of 539,600 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Trading of iShares ESG Aware MSCI USA ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares ESG Aware MSCI USA ETF by 3.5% during the first quarter. Bank of America Corp DE now owns 13,803,021 shares of the company’s stock valued at $1,952,023,000 after acquiring an additional 467,558 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares ESG Aware MSCI USA ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after purchasing an additional 411,010 shares during the last quarter. Bank of Nova Scotia bought a new stake in shares of iShares ESG Aware MSCI USA ETF in the third quarter worth $27,067,000. National Bank of Canada FI increased its holdings in iShares ESG Aware MSCI USA ETF by 100.1% in the third quarter. National Bank of Canada FI now owns 363,600 shares of the company’s stock valued at $52,940,000 after purchasing an additional 181,900 shares during the period. Finally, Axxcess Wealth Management LLC increased its holdings in iShares ESG Aware MSCI USA ETF by 1,064.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 164,684 shares of the company’s stock valued at $24,535,000 after purchasing an additional 150,539 shares during the period.

iShares ESG Aware MSCI USA ETF Price Performance

ESGU stock traded up $0.44 during trading on Wednesday, reaching $164.11. 85,076 shares of the company were exchanged, compared to its average volume of 561,702. The company has a 50-day moving average of $160.84 and a two-hundred day moving average of $152.62. The company has a market capitalization of $17.35 billion, a price-to-earnings ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a twelve month low of $134.79 and a twelve month high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.3431 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.37 annualized dividend and a yield of 0.8%.

About iShares ESG Aware MSCI USA ETF

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.