iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) Short Interest Up 124.6% in May

iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 82,972 shares, an increase of 124.6% from the May 14th total of 36,950 shares. Based on an average trading volume of 30,737 shares, the days-to-cover ratio is presently 2.7 days. Currently, 10.9% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EVUS. PNC Financial Services Group Inc. grew its position in shares of iShares ESG Aware MSCI USA Value ETF by 58.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 928 shares of the company’s stock valued at $30,000 after purchasing an additional 341 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of iShares ESG Aware MSCI USA Value ETF in the fourth quarter valued at $31,000. Transamerica Financial Advisors LLC grew its position in shares of iShares ESG Aware MSCI USA Value ETF by 168.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,072 shares of the company’s stock valued at $34,000 after purchasing an additional 672 shares during the period. Physician Wealth Advisors Inc. grew its position in shares of iShares ESG Aware MSCI USA Value ETF by 355.8% in the first quarter. Physician Wealth Advisors Inc. now owns 1,495 shares of the company’s stock valued at $48,000 after purchasing an additional 1,167 shares during the period. Finally, Scarborough Advisors LLC grew its position in shares of iShares ESG Aware MSCI USA Value ETF by 57.1% in the fourth quarter. Scarborough Advisors LLC now owns 1,624 shares of the company’s stock valued at $52,000 after purchasing an additional 590 shares during the period.

iShares ESG Aware MSCI USA Value ETF Stock Up 0.8%

BATS EVUS opened at $35.24 on Friday. The stock has a market cap of $26.78 million, a price-to-earnings ratio of 19.19 and a beta of 0.86. iShares ESG Aware MSCI USA Value ETF has a fifty-two week low of $29.18 and a fifty-two week high of $35.47. The business has a fifty day moving average of $34.18 and a 200-day moving average of $33.20.

About iShares ESG Aware MSCI USA Value ETF

The iShares ESG Aware MSCI USA Value ETF (EVUS) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund that tracks an index of US value stocks with certain environmental, social, and governance criteria. The fund aims to maximize its ESG exposure. EVUS was launched on Jan 31, 2023 and is managed by BlackRock.