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

by · The Markets Daily

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU – Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 1,234,672 shares, an increase of 87.9% from the April 30th total of 657,028 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 360,872 shares, the days-to-cover ratio is presently 3.4 days.

iShares ESG Aware MSCI USA ETF Stock Up 0.4%

Shares of NASDAQ ESGU opened at $165.89 on Tuesday. The company’s fifty day moving average is $153.44 and its 200-day moving average is $150.45. The stock has a market cap of $17.53 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 $127.95 and a twelve month high of $166.23.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a dividend of $0.3698 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its position 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 worth $1,952,023,000 after purchasing an additional 467,558 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 4.2% during the fourth quarter. JPMorgan Chase & Co. now owns 10,288,654 shares of the company’s stock worth $1,532,804,000 after acquiring an additional 411,010 shares during the period. TIAA Trust National Association raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 0.8% during the fourth quarter. TIAA Trust National Association now owns 5,986,011 shares of the company’s stock worth $897,324,000 after acquiring an additional 47,266 shares during the period. Wealthfront Advisers LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.1% during the first quarter. Wealthfront Advisers LLC now owns 2,646,197 shares of the company’s stock worth $374,225,000 after acquiring an additional 54,889 shares during the period. Finally, Acorns Advisers LLC raised its holdings in shares of iShares ESG Aware MSCI USA ETF by 0.8% during the fourth quarter. Acorns Advisers LLC now owns 2,565,822 shares of the company’s stock worth $382,256,000 after acquiring an additional 21,004 shares during the period.

iShares ESG Aware MSCI USA ETF Company Profile

(Get Free Report)

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.

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