Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Drops By 58.5%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 423,940 shares, a decrease of 58.5% from the July 15th total of 1,020,376 shares. Based on an average daily trading volume, of 1,020,885 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

iShares ESG Aware MSCI EM ETF Price Performance

iShares ESG Aware MSCI EM ETF stock traded down $0.12 during trading hours on Friday, hitting $53.55. The company had a trading volume of 219,148 shares, compared to its average volume of 1,139,743. The firm has a 50-day moving average of $52.98 and a 200 day moving average of $50.70. The firm has a market cap of $6.84 billion, a PE ratio of 14.52 and a beta of 0.76. iShares ESG Aware MSCI EM ETF has a one year low of $40.07 and a one year high of $57.11.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.4023 per share. The ex-dividend date was Monday, June 15th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

Several institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in iShares ESG Aware MSCI EM ETF by 1.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,397,214 shares of the company’s stock worth $105,885,000 after buying an additional 32,903 shares during the period. Acorns Advisers LLC grew its stake in shares of iShares ESG Aware MSCI EM ETF by 1.4% in the fourth quarter. Acorns Advisers LLC now owns 1,248,070 shares of the company’s stock valued at $55,127,000 after acquiring an additional 16,959 shares in the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in iShares ESG Aware MSCI EM ETF during the first quarter worth about $12,881,000. DRW Securities LLC bought a new position in iShares ESG Aware MSCI EM ETF during the fourth quarter worth about $8,495,000. Finally, Bank of New York Mellon Corp raised its stake in iShares ESG Aware MSCI EM ETF by 60.4% in the 1st quarter. Bank of New York Mellon Corp now owns 144,636 shares of the company’s stock worth $6,577,000 after purchasing an additional 54,488 shares in the last quarter.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.