iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Decrease in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 72,699 shares, a decline of 32.8% from the December 31st total of 108,239 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 94,314 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 94,314 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

iShares ESG Advanced MSCI USA ETF Trading Down 1.0%

Shares of iShares ESG Advanced MSCI USA ETF stock opened at $58.87 on Friday. iShares ESG Advanced MSCI USA ETF has a 1-year low of $40.01 and a 1-year high of $59.94. The company has a market cap of $1.24 billion, a PE ratio of 28.41 and a beta of 1.05. The company has a 50 day moving average of $58.13 and a 200-day moving average of $57.14.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.1785 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.13. This represents a $0.71 annualized dividend and a yield of 1.2%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Several large investors have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of iShares ESG Advanced MSCI USA ETF by 5.0% during the first quarter. Royal Bank of Canada now owns 137,466 shares of the company’s stock valued at $6,415,000 after acquiring an additional 6,508 shares during the last quarter. Jane Street Group LLC acquired a new position in iShares ESG Advanced MSCI USA ETF in the first quarter valued at approximately $452,000. Ameritas Advisory Services LLC acquired a new position in shares of iShares ESG Advanced MSCI USA ETF during the 2nd quarter valued at $56,000. Clarius Group LLC boosted its position in shares of iShares ESG Advanced MSCI USA ETF by 3.4% during the 2nd quarter. Clarius Group LLC now owns 22,650 shares of the company’s stock worth $1,222,000 after purchasing an additional 735 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in iShares ESG Advanced MSCI USA ETF by 6.7% in the second quarter. Valmark Advisers Inc. now owns 8,131 shares of the company’s stock worth $439,000 after acquiring an additional 514 shares in the last quarter.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.