Tower Research Capital LLC TRC Reduces Stake in iShares ESG Aware MSCI USA Value ETF

Tower Research Capital LLC, often referred to as TRC, has reduced its investment in the iShares ESG Aware MSCI USA Value ETF, marking a significant alteration in its portfolio. During the third quarter, TRC cut its shareholding by nearly half, selling 18,042 shares of the exchange-traded fund (ETF). Consequently, TRC's remaining stake in the ETF consisted of 18,118 shares, valued at approximately $427,000 at the time of the most recent disclosure to the Securities and Exchange Commission (SEC).

Other Investors in iShares ESG Aware MSCI USA Value ETF

While TRC was selling its shares, another major player, BlackRock Inc., made a contrary move by initiating a new position in the iShares ESG Aware MSCI USA Value ETF during the first quarter. BlackRock's investment was substantial, totaling around $2,887,000 in value.

Performance and Trading of iShares ESG Aware MSCI USA Value ETF

The ETF in question, trading under the ticker EVUS, witnessed a slight downturn of 0.4% as it opened at $27.02 on the reported Friday. Investors monitoring performance metrics would note that the ETF's 50-day simple moving average stood at $26.04 and the 200-day simple moving average at $24.81, indicating its recent trading patterns.

About iShares ESG Aware MSCI USA Value ETF

The iShares ESG Aware MSCI USA Value ETF is an investment fund that primarily focuses on equity in the total market, adhering to various environmental, social, and governance (ESG) criteria. It is designed as a passively managed ETF that tracks an index of US value stocks, aiming to optimize ESG exposure. Managed by BlackRock, EVUS was launched on January 31, 2023, and seeks to maximize returns by aligning with value stocks fitting ESG standards.

TowerResearch, iShares, ESG