iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sets New 1-Year High – Still a Buy?

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $84.58 and last traded at $84.58, with a volume of 11195 shares changing hands. The stock had previously closed at $84.19.

iShares ESG Advanced MSCI EAFE ETF Stock Performance

The firm has a market cap of $1.04 billion, a P/E ratio of 19.02 and a beta of 0.85. The business’s fifty day moving average is $81.18 and its 200-day moving average is $78.80.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EAFE ETF

Several institutional investors and hedge funds have recently made changes to their positions in DMXF. Revolve Wealth Partners LLC increased its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 11.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 16,170 shares of the company’s stock valued at $1,045,000 after buying an additional 1,641 shares during the period. Jane Street Group LLC increased its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 273.0% in the first quarter. Jane Street Group LLC now owns 114,721 shares of the company’s stock valued at $7,725,000 after buying an additional 83,965 shares during the period. First Trust Advisors LP acquired a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the second quarter valued at about $211,000. Cerity Partners LLC acquired a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the second quarter valued at about $642,000. Finally, Sei Investments Co. increased its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 11.0% in the second quarter. Sei Investments Co. now owns 282,102 shares of the company’s stock valued at $21,000,000 after buying an additional 27,892 shares during the period.

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.