iShares ESG Select Screened S&P 500 ETF (BATS:XVV – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 38,613 shares, an increase of 81.5% from the August 31st total of 21,278 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 12,751 shares, the days-to-cover ratio is presently 3.0 days.
iShares ESG Select Screened S&P 500 ETF Stock Performance
iShares ESG Select Screened S&P 500 ETF stock opened at $58.33 on Wednesday. The company has a 50 day moving average price of $58.35 and a 200-day moving average price of $55.99. iShares ESG Select Screened S&P 500 ETF has a fifty-two week low of $47.59 and a fifty-two week high of $59.74. The company has a market capitalization of $510.39 million, a PE ratio of 25.63 and a beta of 1.04.
Institutional Investors Weigh In On iShares ESG Select Screened S&P 500 ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares ESG Select Screened S&P 500 ETF by 4,934.2% in the second quarter. Envestnet Asset Management Inc. now owns 1,412,659 shares of the company’s stock valued at $80,225,000 after acquiring an additional 1,384,598 shares in the last quarter. Denver PWM LLC purchased a new stake in iShares ESG Select Screened S&P 500 ETF in the second quarter worth about $38,898,000. NewEdge Advisors LLC grew its holdings in iShares ESG Select Screened S&P 500 ETF by 7,525.8% during the 2nd quarter. NewEdge Advisors LLC now owns 549,517 shares of the company’s stock worth $31,207,000 after acquiring an additional 542,311 shares in the last quarter. Waycross Investment Management Co bought a new position in iShares ESG Select Screened S&P 500 ETF during the 2nd quarter worth about $30,157,000. Finally, Baird Financial Group Inc. bought a new position in iShares ESG Select Screened S&P 500 ETF during the 2nd quarter worth about $16,180,000.
iShares ESG Select Screened S&P 500 ETF Company Profile
The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.
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