iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Large Volume Increase – What’s Next?

Shares of iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw strong trading volume on Wednesday . 350,648 shares traded hands during trading, an increase of 315% from the previous session’s volume of 84,558 shares.The stock last traded at $83.77 and had previously closed at $84.29.

iShares ESG Advanced MSCI EAFE ETF Stock Up 0.8%

The stock has a market cap of $1.04 billion, a P/E ratio of 19.02 and a beta of 0.85. The stock has a fifty day simple moving average of $80.33 and a 200-day simple moving average of $78.51.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the first quarter worth about $55,000. EverSource Wealth Advisors LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the first quarter worth about $264,000. Royal Bank of Canada boosted its holdings in iShares ESG Advanced MSCI EAFE ETF by 21.7% during the first quarter. Royal Bank of Canada now owns 48,493 shares of the company’s stock worth $3,659,000 after buying an additional 8,649 shares during the last quarter. Gateway Wealth Partners LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the first quarter worth about $467,000. Finally, Wealth Alliance LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the first quarter worth about $445,000.

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.