iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Short Interest Down 36.0% in March

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 83,389 shares, a drop of 36.0% from the February 26th total of 130,232 shares. Based on an average trading volume of 78,957 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.4% of the company’s stock are sold short.

iShares ESG Advanced MSCI USA ETF Trading Down 0.0%

NASDAQ USXF opened at $53.79 on Monday. The company’s fifty day simple moving average is $57.83 and its 200-day simple moving average is $57.67. iShares ESG Advanced MSCI USA ETF has a 52 week low of $40.01 and a 52 week high of $59.94. The stock has a market cap of $1.13 billion, a P/E ratio of 28.41 and a beta of 1.05.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.1244 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.50 annualized dividend and a yield of 0.9%.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its position in shares of iShares ESG Advanced MSCI USA ETF by 20.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,759 shares of the company’s stock worth $216,000 after acquiring an additional 644 shares during the last quarter. World Investment Advisors boosted its holdings in iShares ESG Advanced MSCI USA ETF by 9.2% in the fourth quarter. World Investment Advisors now owns 14,268 shares of the company’s stock valued at $822,000 after purchasing an additional 1,197 shares during the last quarter. Corient Private Wealth LLC purchased a new position in iShares ESG Advanced MSCI USA ETF in the fourth quarter valued at about $209,000. Financially in Tune LLC acquired a new stake in iShares ESG Advanced MSCI USA ETF during the 4th quarter valued at approximately $334,000. Finally, Axxcess Wealth Management LLC grew its stake in iShares ESG Advanced MSCI USA ETF by 10.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 4,929 shares of the company’s stock valued at $284,000 after purchasing an additional 448 shares in the last quarter.

iShares ESG Advanced MSCI USA ETF Company Profile

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.