iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Short Interest Down 50.0% in March

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 200 shares, a drop of 50.0% from the February 29th total of 400 shares. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Guardian Capital LP purchased a new position in shares of iShares ESG MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $800,000. Financial Advisors LLC raised its position in shares of iShares ESG MSCI USA Min Vol Factor ETF by 2.7% in the 3rd quarter. Financial Advisors LLC now owns 32,599 shares of the company’s stock valued at $746,000 after purchasing an additional 848 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of iShares ESG MSCI USA Min Vol Factor ETF by 110.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 59,050 shares of the company’s stock valued at $1,350,000 after purchasing an additional 30,975 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of iShares ESG MSCI USA Min Vol Factor ETF by 99.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 28,075 shares of the company’s stock valued at $668,000 after purchasing an additional 13,974 shares during the last quarter. Finally, Ascent Group LLC purchased a new position in shares of iShares ESG MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $341,000.

iShares ESG MSCI USA Min Vol Factor ETF Trading Up 0.4 %

Shares of NASDAQ:ESMV traded up $0.10 during trading on Thursday, reaching $26.62. The stock had a trading volume of 1,068 shares, compared to its average volume of 11,922. iShares ESG MSCI USA Min Vol Factor ETF has a one year low of $22.14 and a one year high of $26.62. The company has a market capitalization of $10.65 million, a P/E ratio of 21.05 and a beta of 0.80. The firm’s 50-day simple moving average is $25.86 and its 200 day simple moving average is $24.56.

iShares ESG MSCI USA Min Vol Factor ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.1052 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Thursday, March 21st.

iShares ESG MSCI USA Min Vol Factor ETF Company Profile

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.