iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Large Volume Increase – Still a Buy?

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw an uptick in trading volume on Thursday . 36,621 shares were traded during mid-day trading, an increase of 89% from the previous session’s volume of 19,350 shares.The stock last traded at $76.15 and had previously closed at $77.14.

iShares ESG Advanced MSCI EAFE ETF Price Performance

The stock has a market capitalization of $651.36 million, a PE ratio of 19.02 and a beta of 0.89. The firm’s 50 day simple moving average is $79.14 and its 200 day simple moving average is $77.04.

iShares ESG Advanced MSCI EAFE ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $2.5043 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 672.0%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Evolution Wealth Management Inc. grew its position in iShares ESG Advanced MSCI EAFE ETF by 65.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after acquiring an additional 165 shares during the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of iShares ESG Advanced MSCI EAFE ETF in the fourth quarter worth approximately $34,000. SHP Wealth Management purchased a new position in shares of iShares ESG Advanced MSCI EAFE ETF in the fourth quarter worth $36,000. Clarity Asset Management Inc. bought a new stake in iShares ESG Advanced MSCI EAFE ETF during the 2nd quarter valued at $38,000. Finally, Tortoise Investment Management LLC grew its holdings in iShares ESG Advanced MSCI EAFE ETF by 35.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 635 shares of the company’s stock worth $47,000 after acquiring an additional 165 shares during the last quarter.

About iShares ESG Advanced MSCI EAFE ETF

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.