iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Shares Cross Below 200 Day Moving Average – Here’s What Happened

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) shares crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $82.34 and traded as low as $81.84. iShares ESG Advanced MSCI EAFE ETF shares last traded at $82.00, with a volume of 150,323 shares changing hands.

iShares ESG Advanced MSCI EAFE ETF Trading Down 0.7%

The company has a fifty day moving average of $84.68 and a 200-day moving average of $82.34. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 19.02 and a beta of 0.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,116,943 shares of the company’s stock valued at $94,493,000 after buying an additional 10,219 shares during the period. IMA Advisory Services Inc. lifted its holdings in iShares ESG Advanced MSCI EAFE ETF by 0.5% in the first quarter. IMA Advisory Services Inc. now owns 736,635 shares of the company’s stock valued at $55,528,000 after acquiring an additional 3,655 shares during the period. Sei Investments Co. grew its stake in shares of iShares ESG Advanced MSCI EAFE ETF by 4.6% in the first quarter. Sei Investments Co. now owns 373,978 shares of the company’s stock valued at $28,217,000 after buying an additional 16,417 shares in the last quarter. SBE LLC DBA Cedar Cove Wealth Partners boosted its position in iShares ESG Advanced MSCI EAFE ETF by 1.1% during the 3rd quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 248,418 shares of the company’s stock worth $21,029,000 after acquiring an additional 2,719 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares ESG Advanced MSCI EAFE ETF by 1.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 214,571 shares of the company’s stock valued at $18,153,000 after buying an additional 2,322 shares during the last quarter.

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.