iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sets New 52-Week High – What’s Next?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $122.50 and last traded at $122.50, with a volume of 5182 shares trading hands. The stock had previously closed at $120.04.

iShares MSCI USA ESG Select ETF Stock Up 2.0 %

The stock has a market cap of $3.88 billion, a P/E ratio of 28.35 and a beta of 1.02. The business has a 50 day moving average price of $118.95 and a 200 day moving average price of $114.08.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SUSA. Accredited Investors Inc. grew its stake in iShares MSCI USA ESG Select ETF by 1,177.0% in the third quarter. Accredited Investors Inc. now owns 776,554 shares of the company’s stock worth $90,826,000 after purchasing an additional 715,745 shares in the last quarter. Bank Hapoalim BM purchased a new stake in iShares MSCI USA ESG Select ETF during the second quarter worth $12,726,000. Cetera Investment Advisers lifted its holdings in iShares MSCI USA ESG Select ETF by 327.6% during the first quarter. Cetera Investment Advisers now owns 54,764 shares of the company’s stock worth $5,979,000 after buying an additional 41,956 shares during the period. Ameritas Advisory Services LLC lifted its holdings in iShares MSCI USA ESG Select ETF by 448.1% during the third quarter. Ameritas Advisory Services LLC now owns 47,521 shares of the company’s stock worth $5,720,000 after buying an additional 38,851 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA ESG Select ETF during the second quarter worth $40,000.

iShares MSCI USA ESG Select ETF Company Profile

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.