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

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) shares saw unusually-strong trading volume on Monday . Approximately 30,758 shares were traded during mid-day 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 Stock Up 0.4 %

The firm has a fifty day simple moving average of $68.28 and a 200-day simple moving average of $68.16. The company has a market cap of $846.31 million, a PE ratio of 19.70 and a beta of 0.91.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. WealthTrak Capital Management LLC acquired a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the fourth quarter valued at approximately $25,000. Capital A Wealth Management LLC acquired a new stake in iShares ESG Advanced MSCI EAFE ETF during the 4th quarter worth $27,000. Clarity Asset Management Inc. purchased a new position in iShares ESG Advanced MSCI EAFE ETF during the 3rd quarter worth $41,000. PNC Financial Services Group Inc. increased its stake in iShares ESG Advanced MSCI EAFE ETF by 57.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 847 shares of the company’s stock valued at $55,000 after purchasing an additional 309 shares during the period. Finally, Sofi Wealth LLC purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the fourth quarter valued at about $91,000.

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.