iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Short Interest Update
The iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) experienced a significant surge in short interest during January. As of January 15th, the short interest reached a total of 36,900 shares, marking a remarkable increase of 2,206.3% from the prior total of 1,600 shares reported on December 31st. With an average daily trading volume of 6,400 shares, this increase gives the ETF a days-to-cover ratio of approximately 5.8 days.
Institutional Investors' Activity in iShares ESG Advanced MSCI EM ETF
Several large investment firms have actively adjusted their positions in the iShares ESG Advanced MSCI EM ETF. Hart & Patterson Financial Group LLC raised its holdings by 5.3% during the fourth quarter, bringing its total to 6,766 shares valued at around $252,000 after acquiring an additional 342 shares. Similarly, Abacus Planning Group Inc. increased its stake by 8.7% in the third quarter, now owning 6,854 shares worth $278,000 after adding another 546 shares during that period. Stratos Wealth Partners LTD significantly boosted its position by 49.9% in the fourth quarter, resulting in 7,783 shares valued at approximately $290,000 after purchasing 2,591 shares. Wade Financial Advisory Inc. also lifted its stake by 14.6% in the third quarter, now holding 8,711 shares worth $353,000 following an additional purchase of 1,110 shares. Lastly, Optas LLC increased its position by 8.0% in the fourth quarter, owning 10,493 shares valued at about $391,000 after buying 774 shares during that time.
Current Stock Performance of iShares ESG Advanced MSCI EM ETF
As of Wednesday, shares of NASDAQ: EMXF opened at $38.03. The stock has a fifty-day moving average price of $38.09 and a two-hundred-day moving average price of $38.40. The overall market capitalization of the fund is approximately $87.47 million, with a price-to-earnings (P/E) ratio of 12.60 and a beta of 0.63. Over the past year, the ETF has seen a low of $31.46 and a high of $41.55.
Dividend Information for iShares ESG Advanced MSCI EM ETF
Recently, the ETF announced a dividend, which was distributed on Friday, January 3rd. Shareholders on record as of Monday, December 30th, received a dividend payment of $0.0259. The ex-dividend date for this distribution was also on December 30th.
Overview of iShares ESG Advanced MSCI EM ETF
The iShares ESG Advanced MSCI EM ETF (EMXF) is designed as an exchange-traded fund that predominantly invests in total market equity. It follows a market capitalization-weighted index that includes large and mid-cap equities in emerging markets, with a crucial screening process for positive environmental, social, and governance (ESG) ratings, while also filtering out companies involved in controversial activities.
ETF, Investment, Performance