Concourse Financial Group Securities Inc. Reduces Stake in iShares ESG Aware MSCI EAFE ETF

On October 21, 2024, it was reported that Concourse Financial Group Securities Inc. has significantly reduced its investment in the iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD). During the third quarter, the firm decreased its holdings by an impressive 69.7%, leaving it with only 699 shares after selling off 1,611 shares in that period. Following this transaction, the value of Concourse's holdings in the iShares ESG Aware MSCI EAFE ETF was recorded at approximately $59,000 in their latest SEC filing.

Other investment firms have also made noteworthy adjustments to their positions in the iShares ESG Aware MSCI EAFE ETF. For instance, Ruedi Wealth Management Inc. increased its investment by 309.9% in the second quarter, acquiring a total of 455 shares, which are now valued at about $36,000 after adding 344 shares. Similarly, Your Advocates Ltd. LLP raised its stake by 39.3%, holding 635 shares worth $50,000 after a purchase of 179 more shares during the same timeframe. Kimelman & Baird LLC and Hobbs Group Advisors LLC made new investments in the ETF, valued at $55,000 and $57,000, respectively, in the second quarter. Rice Partnership LLC also expanded its position by 162.2%, now owning 763 shares worth an estimated $60,000 after acquiring an additional 472 shares.

Current Trading Performance of iShares ESG Aware MSCI EAFE ETF

As of the latest trading session, shares of the iShares ESG Aware MSCI EAFE ETF opened at $82.40. Over the past year, the stock has reached a low of $65.74 and a high of $85.04. The fifty-day simple moving average is noted at $82.19, while the two-hundred day average stands at $80.39. The ETF has a market capitalization of approximately $8.60 billion, a price-to-earnings ratio of 15.45, and a beta of 0.86, indicating relatively lower volatility compared to the overall market.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that aims to reflect the performance of the MSCI EAFE Extended ESG Focus index. This ETF is designed to track a collection of developed market international companies, chosen for their positive environmental, social, and governance attributes. iShares ESG Aware MSCI EAFE ETF was launched on June 28, 2016, and is managed by BlackRock.

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