iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Large Volume Increase – Here’s Why

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) shares saw strong trading volume on Monday . 30,758 shares were traded during trading, a decline of 26% from the previous session’s volume of 41,317 shares.The stock last traded at $69.02 and had previously closed at $69.40.

iShares ESG Advanced MSCI EAFE ETF Price Performance

The firm has a 50 day simple moving average of $68.07 and a 200-day simple moving average of $68.16. The stock has a market capitalization of $841.68 million, a price-to-earnings ratio of 19.70 and a beta of 0.91.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in shares of iShares ESG Advanced MSCI EAFE ETF by 10.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,320,889 shares of the company’s stock worth $149,976,000 after purchasing an additional 224,182 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares ESG Advanced MSCI EAFE ETF by 94.8% during the fourth quarter. LPL Financial LLC now owns 425,199 shares of the company’s stock worth $27,476,000 after purchasing an additional 206,873 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares ESG Advanced MSCI EAFE ETF by 34.3% during the fourth quarter. JPMorgan Chase & Co. now owns 293,900 shares of the company’s stock worth $18,992,000 after purchasing an additional 75,061 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares ESG Advanced MSCI EAFE ETF by 10.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 691,050 shares of the company’s stock worth $44,656,000 after purchasing an additional 68,097 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth $3,610,000.

iShares ESG Advanced MSCI EAFE ETF Company Profile

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.