Sofi Wealth Increases Stake in iShares ESG ETF by Over 42%

Sofi Wealth LLC has significantly increased its investment in the iShares ESG Advanced MSCI EAFE ETF (NASDAQ: DMXF), boosting its holdings by **42.2%** during the third quarter of 2023. According to its recent **13F filing** with the Securities and Exchange Commission (SEC), Sofi Wealth now owns **22,428 shares** of the ETF, having acquired an additional **6,657 shares** in the last quarter. This positions Sofi Wealth’s total stake at approximately **0.25%**, valued at **$1,699,000** as of the end of September 2023.

Several other institutional investors have also adjusted their stakes in the iShares ESG Advanced MSCI EAFE ETF. Klaas Financial Asset Advisors LLC increased its holdings by **3.4%**, now owning **47,648 shares** worth **$3,609,000** after purchasing **1,547 shares** during the same period. Similarly, Warner Financial Inc. expanded its position by **6.8%**, bringing its total to **14,007 shares**, which are now valued at **$1,061,000** following an acquisition of **891 shares**.

Regatta Capital Group LLC and CWM LLC also reported increases in their holdings. Regatta Capital raised its investment by **3.0%**, owning **49,625 shares** valued at **$3,759,000**, while CWM LLC boosted its stake by **24.4%**, owning **46,356 shares** valued at **$3,511,000** after acquiring **9,082 shares**. Finally, Farther Finance Advisors LLC increased its position by **25.5%**, now holding **11,512 shares** worth **$872,000**.

Current Performance and Market Overview

As of the latest trading session, the iShares ESG Advanced MSCI EAFE ETF opened at **$76.04**. The fund has a market capitalization of **$653.94 million**, a price-to-earnings ratio of **19.02**, and a beta of **0.89**. Over the past year, the ETF has experienced volatility, with a low of **$58.82** and a high of **$78.25**. The stock’s **50-day moving average** stands at **$76.05**, while the **200-day moving average** is **$75.23**.

In addition to the recent investment activity, the iShares ESG Advanced MSCI EAFE ETF is designed to track the MSCI EAFE Choice ESG Screened Index. This index focuses on large and mid-cap stocks from developed markets outside of North America, with an emphasis on environmental, social, and governance (ESG) criteria. The ETF was launched on **June 16, 2020**, and is managed by **BlackRock**.

Investors interested in the iShares ESG Advanced MSCI EAFE ETF can explore further details about institutional holdings and insider trades through dedicated financial platforms.