iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Large Volume Increase – Here’s Why

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) shares saw unusually-high trading volume on Tuesday . Approximately 37,500 shares traded hands during mid-day trading, an increase of 22% from the previous session’s volume of 30,728 shares.The stock last traded at $103.40 and had previously closed at $102.03.

iShares ESG MSCI USA Leaders ETF Stock Up 1.9%

The company’s fifty day simple moving average is $96.15 and its two-hundred day simple moving average is $101.27. The company has a market capitalization of $914.50 million, a price-to-earnings ratio of 25.53 and a beta of 1.00.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a dividend of $0.2676 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SUSL. PFG Investments LLC raised its holdings in shares of iShares ESG MSCI USA Leaders ETF by 7.2% during the fourth quarter. PFG Investments LLC now owns 4,059 shares of the company’s stock worth $418,000 after acquiring an additional 274 shares during the period. Kingswood Wealth Advisors LLC bought a new position in iShares ESG MSCI USA Leaders ETF during the 4th quarter worth about $398,000. Stratos Wealth Partners LTD. increased its holdings in iShares ESG MSCI USA Leaders ETF by 17.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 9,121 shares of the company’s stock worth $940,000 after purchasing an additional 1,364 shares in the last quarter. Stratos Wealth Advisors LLC raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 7.8% in the 4th quarter. Stratos Wealth Advisors LLC now owns 4,500 shares of the company’s stock valued at $464,000 after purchasing an additional 327 shares during the period. Finally, Robertson Stephens Wealth Management LLC lifted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 59.0% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 60,052 shares of the company’s stock valued at $6,188,000 after purchasing an additional 22,279 shares in the last quarter.

iShares ESG MSCI USA Leaders ETF Company Profile

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.