iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Short Interest Down 9.1% in January

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,100,000 shares, a drop of 9.1% from the December 31st total of 2,310,000 shares. Based on an average daily volume of 729,400 shares, the days-to-cover ratio is currently 2.9 days.

iShares ESG Aware MSCI USA ETF Trading Down 0.6 %

Shares of ESGU opened at $132.26 on Monday. iShares ESG Aware MSCI USA ETF has a 1-year low of $106.30 and a 1-year high of $134.50. The stock has a market capitalization of $14.19 billion, a P/E ratio of 25.85 and a beta of 1.02. The business’s 50-day moving average price is $131.52 and its 200 day moving average price is $126.73.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.408 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

Several hedge funds have recently made changes to their positions in ESGU. JPMorgan Chase & Co. lifted its holdings in shares of iShares ESG Aware MSCI USA ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 10,973,235 shares of the company’s stock valued at $1,384,603,000 after purchasing an additional 249,351 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in iShares ESG Aware MSCI USA ETF during the 3rd quarter worth about $23,495,000. Clarius Group LLC grew its stake in iShares ESG Aware MSCI USA ETF by 1,458.7% during the 4th quarter. Clarius Group LLC now owns 160,932 shares of the company’s stock valued at $20,731,000 after acquiring an additional 150,607 shares in the last quarter. Financial Advocates Investment Management increased its holdings in shares of iShares ESG Aware MSCI USA ETF by 1,428.2% in the 3rd quarter. Financial Advocates Investment Management now owns 125,313 shares of the company’s stock valued at $15,812,000 after purchasing an additional 117,113 shares during the period. Finally, Client 1ST Advisory Group LLC purchased a new stake in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter worth approximately $12,625,000.

iShares ESG Aware MSCI USA ETF Company Profile

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.