Fri Sep 20 08:08:47 UTC 2024: ## Moors & Cabot Increases Stake in iShares ESG Advanced MSCI EAFE ETF

**New York, NY** – Moors & Cabot Inc., a prominent investment firm, has increased its stake in the iShares ESG Advanced MSCI EAFE ETF (DMXF) by 7.7% during the second quarter. The company now owns 9,363 shares, valued at approximately $631,000, representing a 0.09% ownership stake.

This move follows a trend of increased institutional interest in the ETF, with other investors like GPS Wealth Strategies Group LLC and Continuum Advisory LLC also boosting their holdings.

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is a popular exchange-traded fund that tracks a market cap-weighted index of large- and mid-cap stocks from developed markets outside North America. The ETF is screened for ESG factors, meaning it prioritizes companies with strong environmental, social, and governance practices.

DMXF opened at $71.92 on Friday, with a twelve-month low of $54.23 and a twelve-month high of $72.09. The fund boasts a market cap of $712.01 million, a price-to-earnings ratio of 18.77, and a beta of 0.91.

Analysts and investors are closely watching the DMXF as a way to invest in a diversified portfolio of international companies that prioritize sustainable practices. The growing interest from institutional investors suggests a rising demand for ESG-focused investments in the global market.

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