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 recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decline of 50.0% from the February 29th total of 400 shares. Based on an average trading volume of 11,300 shares, the short-interest ratio is presently 0.0 days.

iShares ESG MSCI USA Min Vol Factor ETF Price Performance

ESMV stock traded up $0.10 during trading on Thursday, reaching $26.62. 1,068 shares of the stock traded hands, compared to its average volume of 11,922. The business’s 50 day moving average price is $25.86 and its 200-day moving average price is $24.56. iShares ESG MSCI USA Min Vol Factor ETF has a 52-week low of $22.14 and a 52-week high of $26.62. The firm has a market capitalization of $10.65 million, a PE ratio of 21.05 and a beta of 0.80.

iShares ESG MSCI USA Min Vol Factor ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders 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 was Thursday, March 21st.

Institutional Investors Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Guardian Capital LP boosted its position in shares of iShares ESG MSCI USA Min Vol Factor ETF by 10.6% in the fourth quarter. Guardian Capital LP now owns 38,678 shares of the company’s stock worth $968,000 after buying an additional 3,698 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of iShares ESG MSCI USA Min Vol Factor ETF by 110.3% in the third quarter. Tower Research Capital LLC TRC now owns 59,050 shares of the company’s stock worth $1,350,000 after acquiring an additional 30,975 shares in the last quarter. Financial Advisors LLC lifted its stake in shares of iShares ESG MSCI USA Min Vol Factor ETF by 2.7% in the third quarter. Financial Advisors LLC now owns 32,599 shares of the company’s stock worth $746,000 after acquiring an additional 848 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of iShares ESG MSCI USA Min Vol Factor ETF by 99.1% in the second quarter. Tower Research Capital LLC TRC now owns 28,075 shares of the company’s stock worth $668,000 after acquiring an additional 13,974 shares in the last quarter. Finally, Ascent Group LLC acquired a new position in shares of iShares ESG MSCI USA Min Vol Factor ETF in the fourth quarter worth about $341,000.

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.