iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sets New 12-Month High – Should You Buy?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $144.68 and last traded at $144.68, with a volume of 5283 shares. The stock had previously closed at $143.38.

iShares MSCI USA ESG Select ETF Stock Up 1.0%

The firm’s 50 day simple moving average is $137.32 and its two-hundred day simple moving average is $138.52. The stock has a market capitalization of $3.80 billion, a P/E ratio of -259.57 and a beta of 1.06.

Institutional Trading of iShares MSCI USA ESG Select ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SUSA. Continuum Advisory LLC bought a new position in iShares MSCI USA ESG Select ETF in the first quarter worth approximately $433,000. Janney Montgomery Scott LLC increased its holdings in shares of iShares MSCI USA ESG Select ETF by 4.5% during the first quarter. Janney Montgomery Scott LLC now owns 48,516 shares of the company’s stock valued at $6,409,000 after acquiring an additional 2,107 shares in the last quarter. Hoxton Planning & Management LLC increased its holdings in shares of iShares MSCI USA ESG Select ETF by 22.5% during the first quarter. Hoxton Planning & Management LLC now owns 1,975 shares of the company’s stock valued at $261,000 after acquiring an additional 363 shares in the last quarter. Apella Capital LLC raised its position in shares of iShares MSCI USA ESG Select ETF by 11.7% during the first quarter. Apella Capital LLC now owns 7,364 shares of the company’s stock worth $1,059,000 after purchasing an additional 774 shares during the period. Finally, SWP Financial LLC raised its position in shares of iShares MSCI USA ESG Select ETF by 7.6% during the first quarter. SWP Financial LLC now owns 2,671 shares of the company’s stock worth $353,000 after purchasing an additional 189 shares during the period.

About iShares MSCI USA ESG Select ETF

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.