iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) Sees Large Volume Increase – Still a Buy?

Shares of iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) saw unusually-strong trading volume on Tuesday . Approximately 856,442 shares traded hands during trading, an increase of 677% from the previous session’s volume of 110,255 shares.The stock last traded at $129.2590 and had previously closed at $128.17.

iShares ESG MSCI KLD 400 ETF Stock Up 0.8%

The firm has a 50 day moving average price of $129.88 and a two-hundred day moving average price of $126.98. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 26.56 and a beta of 1.05.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC raised its holdings in shares of iShares ESG MSCI KLD 400 ETF by 19,185.3% during the fourth quarter. Global Retirement Partners LLC now owns 221,974 shares of the company’s stock valued at $28,597,000 after purchasing an additional 220,823 shares during the period. Natural Investments LLC bought a new position in iShares ESG MSCI KLD 400 ETF in the fourth quarter worth approximately $12,725,000. Ameritas Advisory Services LLC grew its stake in iShares ESG MSCI KLD 400 ETF by 28,951.0% in the fourth quarter. Ameritas Advisory Services LLC now owns 97,902 shares of the company’s stock valued at $12,613,000 after acquiring an additional 97,565 shares during the period. Northstar Asset Management Inc. raised its position in shares of iShares ESG MSCI KLD 400 ETF by 1,949.0% during the fourth quarter. Northstar Asset Management Inc. now owns 102,389 shares of the company’s stock worth $13,191,000 after purchasing an additional 97,392 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares ESG MSCI KLD 400 ETF by 247.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 121,545 shares of the company’s stock valued at $15,659,000 after buying an additional 86,538 shares during the last quarter.

iShares ESG MSCI KLD 400 ETF Company Profile

iShares MSCI KLD 400 Social Index Fund (the Fund), formerly iShares FTSE KLD 400 Social Index Fund, seeks to provide investment results that correspond generally to the price and yield performance of the MSCI KLD 400 Social Index (the Index). The Index is a free float-adjusted market capitalization index designed to measure the equity performance of the United States companies. The Index consists of approximately 400 companies identified by MSCI from the universe of companies included in the MSCI USA IMI Index, which consists of the New York Stock Exchange (NYSE) and NASDAQ Stock Market LLC listed United States equities.